Ripple completed a stock sale worth about $500 million in November, with several well-known institutions among the investors. Assessments showed that most of its net assets come from XRP. This funding included protection and liquidation preference terms, and the value of XRP has dropped by about 16% since October. Ripple stated that there are currently no plans for an initial public offering (IPO) at this time.#FedRateCutPrediction #SUIETFLaunched
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Ripple completed a stock sale worth about $500 million in November, with several well-known institutions among the investors. Assessments showed that most of its net assets come from XRP. This funding included protection and liquidation preference terms, and the value of XRP has dropped by about 16% since October. Ripple stated that there are currently no plans for an initial public offering (IPO) at this time.#FedRateCutPrediction #SUIETFLaunched