Ripple is raising $1 billion through a SPAC to buy and hold more XRP tokens
Ripple Labs is raising $1 billion to fill up a new crypto war chest with more XRP, even as most of the market is still wrecked from last week's meltdown. The company is creating what it calls a digital-asset treasury, or DAT, which will be stacked with XRP. The money will come through a SPAC [...]
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