🔸 Recently, Ripple acquired treasury management software company GTreasury for $1 billion, launched the stablecoin RLUSD, and introduced crypto brokerage services following a $1.25 billion acquisition of Hidden Road.
RIPPLE RAISES $500 MILLION WITH A $40 BILLION VALUATION
🔸 Major funds such as Citadel Securities, Fortress Investment Group, and Brevan Howard, along with prominent names like Pantera Capital, Galaxy Digital, and Marshall Wace, participated in this funding round.
🔸 Ripple stated that the additional capital will help the company expand its global product offerings and strengthen partnerships with major financial institutions.
🔹 He also noted that U.S.-China relations have been improving following the Trump-Xi meeting in South Korea, with plans for two State visits in 2026 to further ease tariffs.
🔹 Bessent emphasized that this is a signature policy of President Trump, and historically, the Supreme Court has often refrained from interfering with the president's trade authority.
🔸 This move reflects a strategy of diversifying cloud computing, as OpenAI is also collaborating with Google and Oracle, while still spending an additional $250 billion on Microsoft Azure.
OPENAI SIGNS $38 BILLION AGREEMENT WITH AMAZON AWS
🔸 The agreement allows OpenAI to access hundreds of thousands of Nvidia GPU chips to scale AI training and operate ChatGPT.
President Trump expressed his desire to 'make crypto great for America.' According to him, crypto is similar to artificial intelligence (AI) — both are fields in which America must maintain a global leadership position.
President Trump interviewed on the program '60 Minutes'
President Trump stated that his only concern is whether America can maintain its number one position in the crypto space.
He affirmed that he has always publicly supported crypto during his campaign, while Biden initially opposed it but later changed his mind to attract votes.
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