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SEC Filing Reveals Galaxy Digital Holds Multi-Million Dollar Position in XRP


by Coin Edition
for CoinEdition
Galaxy Digital's SEC filing reveals new institutional holdings of $34.4 million in Ripple (XRP).
  • Galaxy Digital Inc. reports holding roughly $34.4 million worth of XRP
  • The company’s financial report in December last year showed no XRP holdings, meaning that in half a year, Galaxy Digital acquired over 15 million XRP tokens
  • More companies are now disclosing XRP holdings in SEC filings, including Flora Growth, Hyperscale Data, Webus International, and several others

According to a newly published SEC filing (Form 10-Q) for the quarter ending June 30, 2025, Galaxy Digital Inc. reports holding roughly $34.4 million worth of XRP.

The filing also revealed big shifts in Galaxy’s overall digital asset allocation compared to Q1, including increased Bitcoin exposure and reduced ETH and XRP holdings.

To be more precise, Bitcoin holdings increased to 17,102 BTC (approximately $1.8 billion), up from earlier quarter levels. Ethereum holdings decreased to 90,521 ETH from 155,026 ETH in Q1, and XRP exposure decreased slightly to 15.4 million tokens, down from 16.9 million.

Still, it’s interesting to note that the company’s financial report in December last year showed no XRP holdings, meaning that in half a year, Galaxy Digital acquired over 15 million XRP t…

The post SEC Filing Reveals Galaxy Digital Holds Multi-Million Dollar Position in XRP appeared first on Coin Edition.

Read the article at CoinEdition

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SEC Filing Reveals Galaxy Digital Holds Multi-Million Dollar Position in XRP


by Coin Edition
for CoinEdition
Galaxy Digital's SEC filing reveals new institutional holdings of $34.4 million in Ripple (XRP).
  • Galaxy Digital Inc. reports holding roughly $34.4 million worth of XRP
  • The company’s financial report in December last year showed no XRP holdings, meaning that in half a year, Galaxy Digital acquired over 15 million XRP tokens
  • More companies are now disclosing XRP holdings in SEC filings, including Flora Growth, Hyperscale Data, Webus International, and several others

According to a newly published SEC filing (Form 10-Q) for the quarter ending June 30, 2025, Galaxy Digital Inc. reports holding roughly $34.4 million worth of XRP.

The filing also revealed big shifts in Galaxy’s overall digital asset allocation compared to Q1, including increased Bitcoin exposure and reduced ETH and XRP holdings.

To be more precise, Bitcoin holdings increased to 17,102 BTC (approximately $1.8 billion), up from earlier quarter levels. Ethereum holdings decreased to 90,521 ETH from 155,026 ETH in Q1, and XRP exposure decreased slightly to 15.4 million tokens, down from 16.9 million.

Still, it’s interesting to note that the company’s financial report in December last year showed no XRP holdings, meaning that in half a year, Galaxy Digital acquired over 15 million XRP t…

The post SEC Filing Reveals Galaxy Digital Holds Multi-Million Dollar Position in XRP appeared first on Coin Edition.

Read the article at CoinEdition

Read More

First Spot XRP ETF Goes Live, XRPR Structured Under 1940 Act; XRP Holds $3.10

First Spot XRP ETF Goes Live, XRPR Structured Under 1940 Act; XRP Holds $3.10

Investors in the United States finally have access to what issuers describe as the fi...
XRP (XRP) Price Prediction For September 19

XRP (XRP) Price Prediction For September 19

XRP price today is trading near $3.12, consolidating after failing to break decisivel...