Token Metrics data shows a positive smart-money netflow signal for XRP. Ripple Labs reportedly leads a $1 billion raise for a public XRP treasury vehicle. This raise uses a SPAC structure.<\/p>\n
Digital asset treasury companies became a big trade in 2025. Listed firms used SPACs and equity issuance to buy tokens. The model worked while prices rose. That trade has weakened recently. Shares of major token holders like Strategy fell sharply. Crypto prices turned choppy. Investors now question how many companies can use this strategy.<\/p>\n
Ripple’s plan tests if XRP has enough demand for this structure. XRP has not drawn the same interest as Bitcoin. One example is VivoPower. It raised $121 million in May to buy XRP. This new plan would be the largest XRP treasury yet.<\/p>\n
Regulatory uncertainty has also impacted the trend. The SEC’s scrutiny of crypto makes some investors cautious.<\/p>\n
Ripple has its own reasons to back this vehicle. The company held 4.74 billion XRP in wallets as of July 31. This is worth about $11 billion. Another 35.9 billion XRP are locked in escrow. A public treasury could create a new buyer for the token. It also gives Ripple a way to sell holdings.<\/p>\n
The raise uses a special purpose acquisition company. Sources familiar with the matter reported this. The funds will sit in a new XRP treasury. Ripple is expected to contribute some of its own XRP.<\/p>\n
XRP is the world’s fifth-largest token. Its market value is about $138 billion. It gained 13% this year. Bitcoin rose 16% in that time. XRP lags behind the market leader.<\/p>\n\t\t