According to Bloomberg, Ripple set multiple key protective clauses in the $500 million equity sale completed in November, including: investors can sell their shares back to Ripple at a guaranteed return, and have preferential treatment in the event of major incidents such as bankruptcy or sale. This round of transactions involved institutions including Citadel Securities and Fortress Investment Group, valuing Ripple at $40 billion.
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According to Bloomberg, Ripple set multiple key protective clauses in the $500 million equity sale completed in November, including: investors can sell their shares back to Ripple at a guaranteed return, and have preferential treatment in the event of major incidents such as bankruptcy or sale. This round of transactions involved institutions including Citadel Securities and Fortress Investment Group, valuing Ripple at $40 billion.