XRP News Today: XRP Takes Center Stage in Galaxy Digital’s Holdings—SEC Filing Reveals $34M Investment
The post XRP News Today: XRP Takes Center Stage in Galaxy Digital’s Holdings—SEC Filing Reveals $34M Investment appeared on BitcoinEthereumNews.com. Wall Street’s crypto titan is doubling down on XRP, signaling a major shift in institutional sentiment toward Ripple’s ecosystem. A newly released SEC filing reveals that Galaxy Digital, led by billionaire investor Mike Novogratz, holds over $34 million worth of XRP, positioning it as one of the firm’s top crypto assets. The disclosure highlights XRP’s growing appeal among institutional players as Ripple’s ongoing developments—ranging from regulatory progress to international expansion—make the asset a strategic cornerstone in Galaxy’s portfolio. Major Breaking News Update: The SEC has closed its case against Ripple Labs and the XRP token. Galaxy Digital Adds XRP to Its Strategic Portfolio In a notable move reflecting growing institutional confidence in XRP, Galaxy Digital Ltd. has disclosed a $34.4 million XRP position in its Q2 2025 Form 10-Q filing with the U.S. Securities and Exchange Commission (SEC). The digital asset giant revealed that as of June 30, 2025, it held 15.39 million XRP coins, making the token one of its top seven crypto holdings by value. Galaxy Digital Inc. disclosed a $34.4 million XRP holding in its latest SEC filing for Q2 2025. Source: @PaulGoldEagle via X The investment marks the first time XRP has appeared in Galaxy’s portfolio, signaling a calculated expansion of its crypto exposure beyond the traditional heavyweights like Bitcoin (BTC) and Ethereum (ETH). XRP now joins a $3.56 billion portfolio that also includes USDC, Solana (SOL), and HYPE. Galaxy acquired its XRP tokens at a historical cost of $33.6 million, indicating an average entry price around $2.18 per token. At its July peak of $3.66, Galaxy’s XRP holdings briefly soared to over $56 million in value, demonstrating both the volatility and upside potential of the asset. As of this writing, the XRP price today is approximately $2.93, bringing the value of Galaxy’s XRP position close…
The post XRP News Today: XRP Takes Center Stage in Galaxy Digital’s Holdings—SEC Filing Reveals $34M Investment appeared on BitcoinEthereumNews.com.
Wall Street’s crypto titan is doubling down on XRP, signaling a major shift in institutional sentiment toward Ripple’s ecosystem. A newly released SEC filing reveals that Galaxy Digital, led by billionaire investor Mike Novogratz, holds over $34 million worth of XRP, positioning it as one of the firm’s top crypto assets. The disclosure highlights XRP’s growing appeal among institutional players as Ripple’s ongoing developments—ranging from regulatory progress to international expansion—make the asset a strategic cornerstone in Galaxy’s portfolio. Major Breaking News Update: The SEC has closed its case against Ripple Labs and the XRP token. Galaxy Digital Adds XRP to Its Strategic Portfolio In a notable move reflecting growing institutional confidence in XRP, Galaxy Digital Ltd. has disclosed a $34.4 million XRP position in its Q2 2025 Form 10-Q filing with the U.S. Securities and Exchange Commission (SEC). The digital asset giant revealed that as of June 30, 2025, it held 15.39 million XRP coins, making the token one of its top seven crypto holdings by value. Galaxy Digital Inc. disclosed a $34.4 million XRP holding in its latest SEC filing for Q2 2025. Source: @PaulGoldEagle via X The investment marks the first time XRP has appeared in Galaxy’s portfolio, signaling a calculated expansion of its crypto exposure beyond the traditional heavyweights like Bitcoin (BTC) and Ethereum (ETH). XRP now joins a $3.56 billion portfolio that also includes USDC, Solana (SOL), and HYPE. Galaxy acquired its XRP tokens at a historical cost of $33.6 million, indicating an average entry price around $2.18 per token. At its July peak of $3.66, Galaxy’s XRP holdings briefly soared to over $56 million in value, demonstrating both the volatility and upside potential of the asset. As of this writing, the XRP price today is approximately $2.93, bringing the value of Galaxy’s XRP position close…
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