According to multiple reports, Ripple Labs is organizing an effort to raise about $1 billion to build a new XRP treasury intended to hold a large stock of the token.
The effort would use a special purpose vehicle to gather outside capital and combine it with XRP that Ripple itself may put into the fund. The plan is still being negotiated and has not been finalized.
Ripple leading effort to raise at least $1bil to accumulate xrp…
New xrp-focused DAT.
Holding large sums of XRP raises questions about how purchases would be executed without causing heavy price moves, and how the new treasury would be governed.
Regulators and investors will likely watch the governance rules closely, especially since Ripple already controls large amounts of XRP and releases tokens on a monthly schedule from escrow wallets.
Critics warn that concentrating a big reserve in one vehicle could concentrate risk and invite extra scrutiny from regulators. Based on reports, Ripple’s move to pair a treasury plan with GTreasury’s tech could be aimed at selling treasury services to other companies that want to hold or use digital assets.
Key details are still missing. Reports do not yet show how many XRP will be moved into the fund, what lockups or disclosure rules will apply, or who will control spending decisions.
Those factors matter for investors and for how much trust the market will place in the new structure. Some sources in the coverage were anonymous, and terms can change before any formal announcement.
Featured image from Unsplash, chart from TradingView