[Coin World] Ripple has shown remarkable resilience after enduring a five-year lawsuit with the SEC. The case over whether XRP constitutes an unregistered security had the entire industry holding its breath, but the company did not become despondent—instead, it became even more united.
During the litigation period, Ripple did not sit idly by. They turned towards a broader market, spending nearly $4 billion on acquisitions such as GTreasury and Rail. The recent financing is even more remarkable—completing a $500 million strategic financing with a valuation of $40 billion, which is enough to illustrate how much confidence the market has in this company.
What’s more noteworthy is that their stablecoin RLUSD has just received official approval from the Abu Dhabi regulatory authority, which signifies that Ripple's ambitions in the Middle East and Africa markets are gradually coming to fruition. Looking at the entire development trajectory, this company has emerged from legal battles and is now becoming a pioneer in ecological expansion.
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AlwaysMissingTops
· 12-24 22:03
XRP is an unstoppable bull.
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LightningAllInHero
· 12-22 12:10
If it rises, buy it all.
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LiquiditySurfer
· 12-22 12:09
After enduring the storms, one finally sees the dawn.
The transformation of the company behind XRP over five years: from litigation struggles to a $4 billion expansion.
[Coin World] Ripple has shown remarkable resilience after enduring a five-year lawsuit with the SEC. The case over whether XRP constitutes an unregistered security had the entire industry holding its breath, but the company did not become despondent—instead, it became even more united.
During the litigation period, Ripple did not sit idly by. They turned towards a broader market, spending nearly $4 billion on acquisitions such as GTreasury and Rail. The recent financing is even more remarkable—completing a $500 million strategic financing with a valuation of $40 billion, which is enough to illustrate how much confidence the market has in this company.
What’s more noteworthy is that their stablecoin RLUSD has just received official approval from the Abu Dhabi regulatory authority, which signifies that Ripple's ambitions in the Middle East and Africa markets are gradually coming to fruition. Looking at the entire development trajectory, this company has emerged from legal battles and is now becoming a pioneer in ecological expansion.