The planned vehicle would be the largest XRP-focused digital asset treasury yet, even as investor appetite for token accumulation stocks has weakened after the recent crypto selloff. Ripple Labs is seeking to raise at least $1 billion via a special purpose acquisition company to create a public-market vehicle that will accumulate XRP. The proposed XRP-focused digital asset treasury, to which Ripple would contribute some of its own holdings, would be the largest known XRP treasury vehicle if com…
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