Bloomberg: Ripple completes $500 million share sale, investors receive special protection clauses

Foresight News reported, according to Bloomberg, Ripple completed a $500 million share sale in November, setting a new record for private digital asset companies with a valuation of $40 billion. Wall Street institutions such as Citadel Securities and Fortress Investment Group participated in the investment. Notably, this transaction includes special safeguard clauses that allow investors to sell their shares back to Ripple with guaranteed returns and receive priority treatment in the event of major incidents such as bankruptcy or acquisition.