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ResolvedCrypto

Ripple Invests in Flutterwave to Drive Africa Stablecoin Expansion

First Detected: Jun 16, 2026, 2:50 PM
Last Update: 3 months ago
16 articles·2 stories

Event Summary

Ripple has taken a strategic equity position in Flutterwave by participating in its Series E financing round, establishing the company's valuation at $3.2 billion. This investment is designed to support Flutterwave's stablecoin strategy and its upcoming integration plans for the RLUSD stablecoin. The partnership marks a significant step in driving stablecoin expansion and financial infrastructure across Africa.

Timeline

Ripple Takes Strategic Stake in Flutterwave to Expand Africa Stablecoin Footprint
Jun 17, 2026, 8:33 AMImpact: 5
Ripple Invests in Flutterwave to Drive Africa Stablecoin Expansion
Jun 16, 2026, 2:50 PMImpact: 4

Price Impact

Since event start
XRP+16.03%