Ripple announced a strategic investment of $500 million, bringing the company's valuation to $40 billion.

GateNews

PANews, November 5th news, according to the official blog, Ripple announced that it has received a $500 million strategic investment led by institutional investors including funds from Fortress Investment Group, Citadel Securities, Pantera Capital, Galaxy Digital, Brevan Howard, and Marshall Wace, bringing the company's valuation to $40 billion.

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