Funding
XRP Treasury Raises Capital
The XRP Treasury, a Nasdaq-listed company, has received SEC approval to raise new capital. The company is filing an application to issue up to 11.5 million common shares tied to public warrants with an exercise price of $11.50 per unit. If fully exercised, the capital raised will amount to $132.2 million, which will be used to increase the company's corporate XRP token reserves.