Representation of Ripple, a cryptocurrency network, in this illustration taken September 10, 2025. REUTERS/Dado Ruvic/Illustration
(Reuters) -Ripple has raised $500 million in a strategic investment valuing it at $40 billion, the crypto firm said on Wednesday, in a funding round led by Fortress Investment Group and Citadel Securities.
The investment comes on the heels of Ripple's $1 billion tender offer earlier this year at the same valuation, the company said.
