Weekend Round-Up: Ripple’s $1 Billion Fundraise, Bitcoin’s Bold Predictions And Crypto’s Political Champions
Posted On October 19, 2025
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.
Bitcoin To Outperform Gold, Predicts Mexico’s Third Richest Person
Ricardo Salinas Pliego, Mexico’s third-richest person, has …