Ripple has released its first-quarter report, revealing that the company held 4.56 billion XRP tokens at the end of March—slightly more than the 4.48 billion it held in the previous quarter.
At the same time, the amount of XRP locked in escrow dropped from 38 billion to 37.1 billion. These tokens are gradually released each month, though Ripple typically returns a large portion to escrow, limiting the actual amount entering circulation.
On May 3, the company unlocked another billion XRP, continuing its routine token release. Despite this, Ripple maintains a pattern of re-locking a substantial share of these assets, helping to stabilize market supply.
XRP is currently priced at $2.15, giving Ripple’s total token holdings a market value of roughly $98.6 billion. This vast reserve has fueled speculation, including comments from Bitwise President Teddy Fusaro, who suggested that Ripple has the financial strength to acquire numerous crypto companies.
Ripple’s report also highlighted its recent purchase of Hidden Road, a prime brokerage firm, and noted potential interest in acquiring Circle—the company behind the USDC stablecoin.
These moves suggest Ripple may be shifting toward a more aggressive growth strategy, aiming to expand its footprint beyond payments and deepen its influence in broader areas of the crypto finance industry.
Kosta Gushterov
Reporter at Coindoo
Kosta has been a part of the team since 2021 and has solidified his position with a thirst for knowledge, incredible dedication to his work and a “detective-like” mindset. He not only covers a wide range of trending topics, he also creates reviews, PR articles and educational content. His work has also been referenced by other news outlets.
Source: https://coindoo.com/heres-how-much-xrp-ripple-held-at-the-end-of-q1/