Ripple appears to be preparing one of its most ambitious experiments through a $1 billion digital-asset treasury (DAT) designed to accumulate and manage XRP as a long-term reserve. According to a Bloomberg report, the initiative would be financed through a Special Purpose Acquisition Company (SPAC). This structure is often used in traditional finance to raise
The post How Ripple’s new $1 billion XRP treasury plans to reshape the token’s future appeared first on CryptoSlate. CryptoSlate Read More
About The Author
