News
Significance:
6/10

Ripple-Backed Firm Plans SPAC, Raising $1B to 'Create the Largest Public XRP Treasury'

https://www.coindesk.com/business/2025/10/20/ripple-backed-firm-plans-spac-raising-usd1b-to-create-the-largest-public-xrp-treasury

Siamak Masnavi, Aoyon Ashraf

Mentions

Regions

Code
Name
US
🇺🇸United States

Sentiments

Target
Sentiment
Comment
Bullish
The article highlights a major initiative to create a $1B public XRP treasury, signaling strong institutional confidence.
Bullish
Ripple's strategic involvement and backing of Evernorth's SPAC deal indicates continued growth and leadership in the XRP ecosystem.