Weekend Round-Up: Ripple’s $1 Billion Fundraise, Bitcoin’s Bold Predictions And Crypto’s Political Champions

The weekend was buzzing with significant developments in the cryptocurrency world. From Ripple Labs’ ambitious $1 billion fundraising initiative to bold Bitcoin predictions by Mexico’s third-richest person and a crypto-focused political agenda, the crypto space continues to evolve at a rapid pace.

Here’s a quick recap of the top stories.

Ripple Labs Spearheads $1 Billion Fundraise

Blockchain firm Ripple Labs is reportedly leading a $1 billion fundraising effort to establish a treasury focused on XRP. The funds, to be raised via a special purpose acquisition company, will be transferred to a newly formed digital-asset treasury. Ripple Labs will also contribute some of its own XRP to the treasury.

Read the full article here.

Bitcoin To Outperform Gold, Predicts Mexico’s Third Richest Person

Ricardo Salinas Pliego, Mexico’s third-richest person, has …

Full story available on Benzinga.com