Highlights
In latest XRP news, DWP Management has shared that it secured approximately $200 million in capital across its fund strategies, with every contribution in XRP. The announcement comes on the heels of Ripple’s recent legal win against the U.S.SEC.
In a recent press release, Digital Wealth Partners Management (DWP Management) revealed it has secured roughly $200 million in capital for its fund strategies since April. They also shared that all contributions to date have been made entirely in XRP.
DWP Management serves as the general partner for a series of private investment vehicles that accept direct digital asset contributions. These funds are efficient and flexible, allowing accredited participants to contribute XRP directly. This is while functioning under institutional-grade custody and compliance frameworks, in contrast to traditional fund structures that necessitate conversion to fiat.
“This growth reflects the broader evolution of how digital assets are being integrated into modern portfolios,” said Matthew Snider, Chief Investment Officer at DWP Management. “Our focus remains on delivering secure, compliant strategies aligned with long-term objectives.”
Max Kahn, the firm’s CEO, said the milestone highlights the growing role of digital assets in diversified investment strategies. He also added that the firm is expanding its infrastructure and offerings to meet the needs of a client base evolving alongside the digital asset space.
The company offers institutional-grade custody, which guarantees safekeeping and 24-hour access to client funds. Additionally, it provides crypto-backed loans, which let customers access liquidity without having to liquidate their holdings of BTC, ETH, SOL, or XRP. This development came after the end of the XRP lawsuit.
The legal breakthrough came after Ripple and the SEC agreed to end their five-year court battle, jointly asking the Second Circuit Appeals Court to dismiss both the SEC’s appeal and Ripple’s cross-appeal. Each party will cover its legal fees.
Under then-SEC Chair Jay Clayton, the case claimed that Ripple sold XRP to institutional and individual investors in unregistered securities offerings. In 2023, Judge Analisa Torres ruled that public exchange sales of XRP were not securities, though institutional sales were. Ripple remains subject to a $125 million fine, which is now in escrow, and an injunction.
Additionally, the regulator had earlier granted a waiver removing Ripple’s “bad actor” designation. This restores its ability to raise private capital. Analysts suggest this could fundamentally alter the way the industry raises capital, particularly as more funds incorporate cryptocurrency assets into their long-term plans.
This legal clarity also aligns with Ripple’s recent $200 million acquisition of payment infrastructure firm Rail. This expands the utility of XRP as a bridge asset for cross-border transactions. With the dispute settled and SEC enforcement easing under Chair Paul Atkins, Ripple can now fully refocus on scaling its operations.
Pi Network introduced a new Fast Track KYC feature in an effort to address the…
Traders predominantly brace for Bitcoin and Ethereum options expiry today, anticipating a drop in prices…
A co-founder has projected a $1,000 target for the SOL price based on its recent…
REX-Osprey XRP ETF has recorded $37.7 million in trading volume on its first day. This…
Consensys CEO and Ethereum founder Joe Lubin has confirmed the imminent launch of MetaMask's proposed…
Grayscale Investments' fund holding BTC, ETH, XRP, SOL, ADA to start trading on NYSE Arca…