Ripple's ¥78 Billion Fundraising: Unprecedented 10% Annual Return Guarantee on Stock Sales to Hedge Investor Risks

On December 8, Bloomberg reported that Ripple's November stock sale of $500 million (¥78 billion) included special protective clauses for investors. Major Wall Street firms such as Citadel Securities and Fortress Investment Group participated, valuing Ripple's corporate worth at $40 billion, a record for a private cryptocurrency company. The transaction included significant protective clauses. Investors were granted the right to sell their shares back to Ripple after three to four years with a minimum annual return guarantee of 10%. If Ripple opts to repurchase the shares at the same time, investors are entitled to an annual return of 25%...