Ripple Labs is reportedly preparing a major fundraising effort to purchase $1 billion worth of its XRP token to establish a dedicated Digital Asset Treasury (DAT), according to a Bloomberg report.
The fundraise is said to be organized through a Special Purpose Acquisition Company (SPAC). The new DAT would be composed of the freshly acquired XRP, and Ripple would also contribute a portion of its existing token stockpile. The exact terms are still being negotiated and are subject to change.
Ripple is already a significant XRP holder, with over 4.5 billion XRP in its stash (out of a 59 billion circulating supply), plus another 37 billion tokens locked in escrow. A $1 billion purchase could add an estimated 427 million XRP to its holdings.
This move follows Ripple’s recent $1 billion acquisition of GTreasury, a corporate treasury management company, which gives Ripple the infrastructure to manage digital assets and potentially generate yield for clients.
If successful, this fundraising and purchase would significantly boost XRP’s standing in the corporate crypto treasury race, which is currently dominated by Bitcoin and Ether. While Bitcoin and Ether treasuries hold over $152 billion and $23 billion respectively, XRP has seen smaller commitments, such as Trident Digital Tech Holdings' announced plan for a $500 million XRP treasury. Ripple's reported plan would position it as the leading corporate holder of its native token.
October 2025, Cryptoniteuae