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Anton Golub Newsletter - Digital Assets, Crypto & Regulation · Nov 5, 2025

Ripple raises $500 million at insane $40 billion valuation - is IPO next step?

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Cap table cleaned; Fortress, Citadel, Galaxy in - Ripple IPO coming next?

Ripple doesn’t need money.

They just raised $500M anyway.

Valuation?

$40 billion.

Let that sink in!

- Galaxy
- Fortress
- Pantera
- Marshall Wace
- Brevan Howard
- Citadel Securities

All wrote checks.

But this isn’t about runway.

Ripple already has $1B+ in cash and $25B+ in digital assets.

Ripple has been buying - not begging for money.

📦 $1.25B → Hidden Road (prime …

Read more

Read on antongolub.substack.com

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