Ripple Eyes $1B XRP Treasury Raise: Can It Revive Crypto’s SPAC Boom?

<a href="https://bbg-news.com/xrp-usd/">Ripple</a> said to lead $1 billion <a href="https://jpygbp.com/xrp-usd/">XRP</a> treasury raise: ReportMarkets

What to know:

Ripple Labs is seeking to raise at least $1 billion via a special purpose acquisition company to create a public-market vehicle that will accumulate XRP.
The proposed XRP-focused digital asset treasury, to which Ripple would contribute some of its own holdings, would be the largest known XRP treasury vehicle if completed.
The plan will test whether there is sufficient institutional demand for XRP amid a cooling market for digital asset treasury companies that previously focused largely on bitcoin.

From what I’m seeing, Ripple Labs is spearheading an initiative to gather at least $1 billion to create a new investment fund focused on XRP. Essentially, they’re exploring whether the strategy of holding digital assets as a treasury reserve – something we’ve seen work with Bitcoin – can be successfully applied to XRP as well. It’s a significant test of the market’s appetite for XRP as a long-term store of value.

According to sources, Ripple is planning to raise funds by using a special purpose acquisition company (SPAC). The money will be held in a new digital asset treasury specifically for XRP, and Ripple intends to add some of its own XRP holdings to this fund.

The details are still being worked out and may be different later. Ripple hasn’t yet replied to CoinDesk’s questions about this.

This potential agreement would be the biggest XRP-focused financial instrument created so far. XRP is currently the fifth-most valuable cryptocurrency, worth approximately $138 billion. Its value has increased by 13% this year, slightly less than the 16% gain seen in Bitcoin.

As a researcher following the crypto market, I observed a significant trend in 2025: digital asset treasury companies became major players on the stock market. These companies, already publicly listed, used methods like SPACs, reverse mergers, and issuing new stock to acquire various crypto tokens. This strategy proved successful as long as crypto prices were increasing, and investors were willing to pay a premium to gain exposure to these companies’ crypto holdings on their balance sheets.

Recently, I’ve observed a decline in that particular trading strategy. Shares of key companies involved in accumulating tokens, like Strategy and Metaplanet, have dropped significantly. This seems to be happening because crypto prices have become more volatile, and investors are starting to wonder if too many public companies are trying the same approach at once.

Ripple is exploring if there’s enough interest from institutions to make a similar system work for XRP.

Unlike Bitcoin, XRP hasn’t attracted much attention from corporate treasuries. However, interest is growing, as seen in May when VivoPower raised $121 million specifically to invest in XRP.

As an analyst, I’ve been looking into Ripple’s motivations, and a significant factor is their XRP holdings. As of July 31st, they directly held roughly 4.74 billion XRP, currently valued around $11 billion. Beyond that, they have another 35.9 billion XRP held in escrow, which are released on a monthly schedule. This substantial reserve clearly gives them a vested interest in the success and broader adoption of XRP.

A publicly managed XRP fund could generate demand for the token and offer Ripple an additional avenue to distribute its XRP holdings to investors.

Latest Crypto News