Author: admin

Ripple Raises $500M at $40B Valuation, but Did the Deal Involve a Sale of Discounted XRP?

by admin 2025 年 11 月 7 日 general

The post Ripple Raises $500M at $40B Valuation, but Did the Deal Involve a Sale of Discounted XRP? appeared com. Key highlights: Ripple secures $500 million in funding, bringing its valuation to $40 billion Investment round led by major Wall Street firms including Citadel Securities and Fortress Investment Group Funds to bolster Ripple’s institutional services, including stablecoins, prime brokerage, and corporate treasury A report from Unchained suggests the deal could have involved Ripple selling its XRP holdings to the investors at a substantial discount Ripple, the blockchain-based fintech firm closely associated with the XRP cryptocurrency, has announced a $500 million strategic investment round that values the company at $40 billion. The raise, confirmed on Wednesday, marks a significant milestone in Ripple’s evolution from a payments-focused crypto startup to a broad-based provider of institutional digital asset services. Swell 2025: We have closed a $500 million strategic investment at a $40 billion valuation, led by Fortress Investment Group and Citadel Securities: → $95B+ in total Ripple Payments payment volume→ $1B+ LUSD stablecoin market cap→ 6 strategic.- Ripple (@Ripple) November 5, 2025 Wall Street giants back Ripple’s growth The funding round was led by affiliates of Fortress Investment Group and Citadel Securities, with additional participation from Brevan Howard, Pantera Capital, Galaxy Digital, and Marshall Wace. Ripple emphasized that the decision to accept the investment in common equity was part of a broader strategy to deepen relationships with financial institutions whose expertise aligns with its expanding global product suite. Ripple President Monica Long noted the firm was not in urgent need of capital but saw strong interest from institutional investors. “We think it makes good sense to have them as strategic partners,” Long told CNBC. “As investors who will have a hand toward building the future.” Expansion into institutional crypto services Since its founding in 2012, Ripple has grown beyond cross-border payments to launch products in custody, stablecoins, prime brokerage, and corporate.

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Taiwan’s exports surged 49.7% in October, driven by record global demand for AI

by admin 2025 年 11 月 7 日 general

The post Taiwan’s exports surged 49. 7% in October, driven by record global demand for AI appeared com. Taiwan’s Ministry of Finance (MOF) data revealed that Taiwan’s exports reached $61. 80 billion in October, a 49. 7% increase over the same period in the previous year. According to MOF, the rise is due to growing demand for semiconductor and artificial intelligence (AI) products. The increase in exports marks the biggest growth in almost 16 years. According to MOF data, the overall amount of imports reached US$39. 22 billion, a 14. 6% increase from the previous year. The ministry stated that the trade balance of US$22. 58 billion in October 2025 was beneficial. AI demand is driving Taiwan’s export boom Taiwan is in negotiations to lower the 20% tax on its shipments to the U. S., although semiconductors are currently excluded. According to the ministry, Taiwan’s export momentum is anticipated to be boosted by the typical peak season of year-end shopping in Western markets, as well as the ongoing acceleration of AI and HPC applications. The ministry now projects that exports will reach $600 billion in 2025, a 30% annual growth. MOF claimed that, while U. S. tariff policies are developing and geopolitical uncertainties persist, the future of the world economy remains uncertain, necessitating close observation. According to the MOF statistical bulletin, released on October 30, data centers are being built and upgraded more quickly worldwide as AI technologies and applications expand. The ministry further stated that the market for memory and related storage devices has been growing due to the growth of AI technologies. For instance, between January and September 2025, Taiwan’s DRAM shipments increased 99. 0% year-over-year to US$11. 5 billion. The exports of computer parts and accessories, including memory modules, increased 1. 3 times to US$23. 9 billion, both of which established new records. On the other hand, exports of other computer storage units, such as hard disk drives (HDDs) and solid-state non-volatile storage devices ( SSDs),.

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Morning Minute: Fomo’s $17M Raise and The Rise of the ‘Everything Apps’

by admin 2025 年 11 月 7 日 general

The post Morning Minute: Fomo’s $17M Raise and The Rise of the ‘Everything Apps’ appeared com. Morning Minute is a daily newsletter written by Tyler Warner. The analysis and opinions expressed are his own and do not necessarily reflect those of Decrypt. . GM! Today’s top news: Crypto majors fall another 3-4%; Bitcoin down at $99,400 ZEC soars past $600, reaches $630 Google announces integrations with prediction markets Polymarket & Kalshi Tether buys $100M of BTC; Robinhood considers adding BTC to balance sheet Fomo app raises $17M from Benchmark, teases web app 💸 Fomo Raises $17M to Build the Social-First Everything Trading App Crypto trading is about to get a lot more social. And a few new high-level trends are starting to show themselves in the trading space. and converge. 📌 What Happened Fomo, a fast-growing retail trading app launched just six months ago, just closed a $17M Series A led by Benchmark. Benchmark led the round but was also joined by crypto heavyweights like Raj Gokal (Solana) and Balaji Srinivasan. Fomo started with meme coin trading specifically, with a focus on UI and social factors like leaderboards, commentary and followers. Starting on Solana, it now lets users trade millions of tokens across chains, without bridging or spinning up new wallets. According to TechCrunch, the app has: 120, 000 users since launching in May $20-40 million in daily volume roughly $150K in daily revenue All while operating with a minimal team. 🗣️ What They’re Saying “Their vision is clean: make crypto assets easy to discover and trade.” Chetan Puttagunta, Benchmark “Once we added Apple Pay, users flooded in. That single step changed the trajectory.” Paul Erlanger, Fomo co-founder 🧠 Why It Matters This was a huge milestone for Fomo. But the bigger takeaway here is a new trend hitting trading, spanning crypto and TradFi. Apps are focusing on user experience, often within a single niche then.

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