TechFlow news, December 8 — According to Bloomberg, Ripple completed a $500 million share sale in November, setting a new record for privately held digital asset companies with a $40 billion valuation. Wall Street heavyweights including Citadel Securities and Fortress Investment Group participated in the investment. Notably, the deal includes special protection clauses allowing investors to sell their shares back to Ripple with guaranteed returns and receive preferential treatment in major events such as bankruptcy or acquisition.
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