Bloomberg: Ripple completes $500 million stake sale, investors receive special protection terms

According to Foresight News, according to Bloomberg, Ripple completed a $500 million share sale in November, setting a new record for a private digital asset company with a valuation of $40 billion. Wall Street institutions including Citadel Securities and Fortress Investment Group participated in the investment. It is worth noting that the transaction includes special protection clauses that allow investors to sell their shares back to Ripple at a guaranteed return and receive preferential treatment in the event of a major event such as bankruptcy or acquisition of the company.
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