 |
| Foto:Dihasilkan AI |
VISTORBELITUNG.COM,San Francisco, CA – Blockchain giant Ripple Labs is reportedly leading a major initiative to raise $1 billion with the ambitious goal of accumulating the digital asset $XRP into a newly formed digital-asset treasury. This significant fundraising effort is allegedly being structured through a Special Purpose Acquisition Company (SPAC), according to a report by Bloomberg.
The news, if confirmed, marks a bold and strategic maneuver by Ripple, the company closely associated with the XRP ledger and its native cryptocurrency. The use of a SPAC a shell company that raises capital via an Initial Public Offering (IPO) to acquire an existing company would provide a unique, accelerated pathway for a massive capital injection aimed squarely at enhancing XRP holdings.
Sources familiar with the matter, as cited by Bloomberg, indicate that the newly established digital-asset treasury would function as a reserve, actively purchasing and holding large quantities of XRP. This move is seen by market analysts as a potential mechanism to increase the asset's liquidity and potentially its stability and price floor.
While the specifics of the SPAC's structure and its acquisition target remain undisclosed, the $1 billion figure suggests a colossal effort to build a substantial war chest of XRP. Such a large-scale, institutionally-backed accumulation strategy could have significant implications for the broader cryptocurrency market, particularly for XRP's market dynamics.
The decision to leverage a SPAC highlights a growing trend of utilizing traditional finance vehicles to enter the burgeoning digital asset space. SPACs have become a popular, often faster, alternative to a conventional IPO for companies seeking to go public. In this scenario, however, the SPAC would seemingly be used as the fundraising vehicle for a novel purpose: amassing a specific cryptocurrency for a strategic treasury.
Ripple Labs has been a central figure in the cryptocurrency landscape, particularly known for its cross-border payment solutions utilizing the XRP Ledger. Following the recent legal developments surrounding its status in the U.S., this aggressive fundraising and accumulation strategy could signal a renewed push for dominance and increased operational firepower.
Both Ripple Labs and Bloomberg have yet to release official statements or comments regarding the report at the time of publication.
Developing Story: This is an ongoing story and will be updated as more information becomes available. The details reported are based on information cited by Bloomberg.