# Ripple Labs Raising $1B for XRP Treasury Company: Bloomberg

*Author: Jack Inabinet*
*Published: Oct 17, 2025*
*Source: https://www.bankless.com/read/news/ripple-labs-raising-1b-for-xrp-treasury-company-bloomberg*

---

Ripple Labs is attempting to raise $1B to establish an XRP digital asset treasury (DAT) company. Citing anonymous sources close to the deal, [Bloomberg](https://www.bloomberg.com/news/articles/2025-10-17/ripple-labs-said-to-lead-1-billion-fundraise-for-xrp-hoard) reported on Friday that the fundraise will be conducted through a SPAC. 

### What’s the Scoop?
- **New Treasury Initiative:** The raise will be conducted via SPAC, a publicly traded blank check shell company which Bloomberg says will both purchase new XRP and receive XRP from Ripple. The final terms and structure of the raise remain under discussion.
- **Ripple's XRP Reserves:** Ripple held approximately 4.5B XRP at [last count](https://ripple.com/insights/q1-2025-xrp-markets-report/) in May, and receives up to 1B XRP per month from its 37B onchain XRP escrow. The close association between Ripple, XRP, and the prospective DAT has led some crypto commentators to [accuse](https://x.com/JonnyMoeTrades/status/1979002933355159983) the firm of seeking innovative ways to dump XRP on unsuspecting retail buyers at premium prices.
- **Strategic Timing:** The DAT initiative comes just one day after Ripple [announced](https://www.bankless.com/read/news/ripple-labs-purchase-gtreasury-for-1b) its $1B acquisition of GTreasury, a global leader in corporate treasury management systems. That deal granted Ripple access to a multi-trillion-dollar market and some of the world’s largest corporate clients.

> Ripple leading effort to raise at least $1bil to accumulate xrp…New xrp-focused DAT.via [@olgakharif](https://twitter.com/olgakharif?ref_src=twsrc%5Etfw) [pic.twitter.com/oUU7BOiy1J](https://t.co/oUU7BOiy1J)— Nate Geraci (@NateGeraci) [October 17, 2025](https://twitter.com/NateGeraci/status/1979002893094010885?ref_src=twsrc%5Etfw)