Ripple Labs is leading an effort to raise at least $1 billion to establish an XRP treasury, as per a report today. The crypto firm plans to fundraise via a special purpose acquisition company, while also contributing some of its own XRP holdings. Ripple to Establish $1 Billion XRP Treasury Ripple is spearheading a fundraisingThe post BREAKING: Ripple Plans a New $1 Billion XRP Treasury - Bloomberg appeared first on CoinGape.