Fintech Ripple gets $40 billion valuation after $500 million funding
Government
Digital assets and infrastructure company Ripple said Wednesday it has raised $500 million in funding, lifting its valuation to $40 billion. The fundraise comes after a slew of acquisitions and as the company expands its product base beyond just payments. Crypto and digital asset companies are trying to take advantage of what is seen by the industry as a more favorable environment in the U.S. after the election of President Donald Trump and the passing of a landmark stablecoin law known as the
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