💥 Gate Square Event: #PostToWinFLK 💥
Post original content on Gate Square related to FLK, the HODLer Airdrop, or Launchpool, and get a chance to share 200 FLK rewards!
📅 Event Period: Oct 15, 2025, 10:00 – Oct 24, 2025, 16:00 UTC
📌 Related Campaigns:
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1️⃣ Post original content related to FLK or one of the above campaigns (HODLer Airdrop / Launchpool).
2️⃣ Content mu
Ripple Targets $1B XRP Treasury via SPAC Route as It Expands Corporate Liquidity Ambitions
Ripple plans a $1B XRP-backed treasury via SPAC to expand its corporate liquidity presence.
The fund would be the largest XRP treasury yet, reinforcing Ripple’s institutional focus.
The move follows Ripple’s $1B GTreasury acquisition to merge blockchain with treasury tools.
Ripple is preparing to raise at least $1 billion through a SPAC structure to build a new XRP-focused digital asset treasury. The move comes amid market uncertainty and follows its recent $1 billion acquisition of GTreasury. Ripple aims to strengthen its position in corporate treasury and liquidity management.
Ripple Aims for $1 Billion XRP Treasury Amid Crypto Market Weakness
Ripple is working to establish a $1 billion digital asset treasury (DAT) backed by XRP, Bloomberg reported. The company intends to raise the funds through a special purpose acquisition company (SPAC) and will also contribute part of its existing 4.74 billion XRP holdings. Discussions on deal terms are still ongoing.
If completed, it would be the largest XRP treasury created so far. Singapore-based Trident Digital and Webus International have announced similar initiatives valued at $500 million and $300 million. Ripple’s proposed fund exceeds both, signaling its continued commitment to expanding XRP’s institutional utility despite recent market declines.
People familiar with the deal noted that the SPAC model provides a faster route for Ripple to access capital markets. The company has not yet released an official statement regarding the timeline or the structure of the fundraising.
Ripple Expands into Treasury Market With GTreasury Acquisition
The fundraising effort follows Ripple’s acquisition of GTreasury, a Chicago-based treasury management platform, for $1 billion. GTreasury serves clients in more than 160 countries and specializes in liquidity, cash forecasting, and risk management solutions. Ripple expects the deal to close after regulatory approval in the coming months.
CEO Brad Garlinghouse said the acquisition will “combine blockchain efficiency with treasury expertise,” positioning Ripple to modernize the $120 trillion corporate treasury payments market. The integration could also support the proposed XRP treasury by providing the operational tools needed to manage large-scale reserves.
While Ripple advances its plans, XRP’s price has remained volatile. The token dropped 3% to $2.35 in the past 24 hours, with trading volume climbing 34%. CoinGlass data shows XRP futures open interest rose 2% in the last four hours, indicating steady participation from traders despite market pressure.
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