Ripple Seeks to Propel XRP with $1B Treasury Fund Amid DAT Sector Woes

In a bid to reshape XRP’s narrative, Ripple Labs is leading a $1 billion fundraise to establish a major digital asset treasury for the token.

This comes at a time when XRP has seen less institutional traction than its rivals and as the broader DAT sector faces headwinds.

According to Bloomberg, the fund will be set up via a SPAC. The move is a clear attempt to inject institutional confidence into XRP, even as other DAT firms struggle with valuations.

Ripple’s parallel acquisition of GTreasury for $1 billion signals a comprehensive strategy to dominate the financial infrastructure around its digital asset.