XRP and RLUSD: Kraken's Role in the $1B Ripple Treasury Initiative
Monday, 20 October 2025, 08:01
XRP and RLUSD: Key Developments from Ripple and Kraken
Ripple continues to make waves with its innovative plans for the XRP ecosystem. Recently, a new SPAC, supported by Kraken, has been introduced, aiming to build a significant public XRP treasury worth $1B.
Funding Through Open-Market XRP Purchases
- Net proceeds from this venture will be primarily directed towards strategic open-market XRP purchases.
- This treasury model is designed to be actively managed, different from traditional ETFs.
- Utilizing DeFi lending and liquidity strategies will enhance the treasury's yield potential.
As the cryptocurrency landscape evolves, this initiative could reshape how XRP and related assets are treated in the financial space.
This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.