SEC clears XRP Treasury to raise capital for XRP purchases
- —SEC clearance is procedural approval of the offering, not an endorsement of XRP
- —Raise size, registration type and mechanism remain undisclosed
- —Model mirrors Strategy: registered equity sales fund digital asset accumulation
- —Precedent: OpenReserve's $210M raise carried a 12% Tier 1 capital condition
Why it matters: A completed raise would add incremental XRP demand on secondary markets, though the scale hinges on undisclosed size and deployment timeline.
Source: Coincu
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