- Ripple plans to raise $1 billion via a SPAC to expand its XRP holdings and launch a new digital asset treasury.
- The company already holds 4.5 billion XRP, with another 37 billion locked in escrow and released monthly.
- Ripple’s $1 billion acquisition of GTreasury boosts its ability to manage corporate digital assets and expand global operations.
Ripple Labs is reportedly gearing up for a massive $1 billion XRP purchase to fill its new digital asset treasury. According to Bloomberg, the fundraising will be handled through a special purpose acquisition company (SPAC) — a strategy Ripple seems to be embracing as part of its growing financial infrastructure. Sources close to the deal say the plan includes not just fresh XRP buys but also some tokens from Ripple’s own stash. Though the details aren’t locked in yet, the goal is clear: tighten control over its native asset and expand its treasury footprint.
Ripple Already Holds Billions in XRP
Ripple’s no stranger to big holdings. The company’s May market report showed it already had 4.5 billion XRP in circulation and another 37 billion sitting in escrow. If this $1 billion purchase goes through, Ripple could add roughly 427 million tokens to its reserves. Each month, a portion of those escrowed tokens are released, with some sold and the rest returned — a process that’s become routine in Ripple’s supply management. This level of control has made Ripple a dominant force in the XRP ecosystem, despite criticism over its centralized influence.
Expanding Into Treasury Management
Just a day before this news broke, Ripple acquired GTreasury for around $1 billion — another big step toward expanding its global footprint in digital finance. GTreasury’s platform gives Ripple the tools to manage digital assets for corporations, from stablecoins to tokenized deposits, and even generate yield. With this acquisition, Ripple’s shaping itself not just as a payments firm but as a full-fledged treasury powerhouse, bridging the gap between traditional finance and digital asset management.
Toward Becoming the Top XRP Treasury
If this new plan succeeds, Ripple would become the leading XRP treasury globally. While Bitcoin and Ethereum still dominate corporate treasuries — with over $150 billion in BTC and $23 billion in ETH held by companies — XRP’s adoption has lagged behind. But that might be changing fast. Trident Digital Tech Holdings in Singapore plans a $500 million XRP treasury, while Chinese AI firm Webus has earmarked $300 million, and VivoPower’s targeting $100 million. Ripple’s bold move could be the catalyst that brings XRP treasuries into the mainstream.
