Ripple Labs has announced plans to raise over $1 billion to create an XRP-backed reserve, according to Bloomberg, citing informed sources. The funding will be channeled through a Special Purpose Acquisition Company (SPAC), with part of the capital provided in the form of Ripple’s native token, XRP. The assets will be stored in a newly established Digital Asset Treasury (DAT).
Strategic Acquisition of GTreasury
In a parallel move, Ripple Labs has purchased GTreasury for $1 billion. GTreasury specializes in corporate liquidity management, and Ripple intends to leverage this acquisition to strengthen relationships with CFOs and corporations seeking access to tokenized deposits, stablecoins, and other digital assets.
Market Sentiment Around XRP
Despite these initiatives, analysts from Santiment have noted a surge in negative sentiment surrounding XRP. The FUD (fear, uncertainty, and doubt) index has reached its highest level in six months, reflecting heightened caution among investors since the announcement of trading tariffs under former US President Donald Trump.
Ripple Labs’ dual strategy—raising a substantial XRP reserve and expanding corporate finance capabilities—signals its commitment to integrating digital assets more deeply into traditional financial operations. However, market sentiment indicates ongoing skepticism, underlining the challenges that crypto firms face when bridging digital and conventional finance.
