XRP News Today: Galaxy Digital's XRP Holdings Surge 31 to $45M on Price Jump

Galaxy Digital has revealed a significant holding in XRP, a cryptocurrency developed by Ripple, through its latest U.S. Securities and Exchange Commission (SEC) filings. The information was disclosed in Galaxy Digital’s Form 13F filing, a standard report submitted by institutional investment managers that outlines their holdings in publicly traded securities [1]. The move underscores growing institutional interest in XRP, particularly as it is increasingly integrated into broader financial infrastructure strategies [2].

According to the latest SEC filings, Galaxy Digital holds 15,387,541 XRP, with a reported value of $34.4 million as of June 30, 2025 [1]. This revelation comes amid a broader trend of public companies and investment firms incorporating cryptocurrencies into their portfolios, signaling a shift in how digital assets are viewed within traditional finance. The inclusion of XRP in Galaxy’s portfolio is also seen as a validation of the asset's potential, especially following recent market fluctuations and regulatory scrutiny.

Galaxy Digital’s second-quarter earnings report, released in early August 2025, highlighted strong performance in its digital asset business, with the firm reporting a net profit of $30.7 million for the period [4]. This performance reflects the broader trend of increased adoption of digital assets by institutional players. Galaxy’s total equity stood at $2.6 billion as of June 30, 2025, with $1.2 billion held in cash and stablecoins [5]. The firm also noted that it collaborates with over 20 crypto treasury investment firms, managing their cryptocurrency holdings in exchange for management fees [6].

The inclusion of XRP in Galaxy’s portfolio is particularly noteworthy because it aligns with the firm’s strategy of diversifying its exposure to digital assets. Galaxy Digital, which restructured its operations earlier in 2025, reported revenue of $8.66 billion for the second quarter of 2025 [7]. While the company experienced a stock dip amid broader market volatility, its long-term commitment to XRP suggests a belief in the token’s value proposition, especially in the context of cross-border payments and financial infrastructure [2].

The move by Galaxy Digital is not isolated. Bill Morgan, a prominent analyst in the crypto space, has reported a surge in XRP holdings among public companies, indicating that more institutions are recognizing the token’s utility and potential [2]. This trend is further supported by the fact that XRP recently saw a 5% gain on a single trading day, despite ongoing regulatory and banking sector challenges [8]. Analysts suggest that XRP’s performance is closely tied to its adoption by financial institutions and its role in facilitating low-cost, fast international transactions.

At the time of the filing, XRP was trading below its current level, which has since risen to $2.97. Based on that price, the market value of Galaxy’s XRP holdings now exceeds $45 million—a significant gain from the initial $34.4 million valuation reported in June [1]. This surge reflects renewed optimism surrounding Ripple, growing demand for XRP, and a more favorable regulatory environment. The price increase not only boosts Galaxy’s portfolio value but also strengthens the perception that XRP is gaining traction as a serious investment vehicle. As institutional adoption expands, moves like this are likely to set a precedent for other firms exploring alternative digital assets beyond Bitcoin and Ethereum.

Galaxy Digital’s strategic approach to its crypto holdings reflects a broader shift in the financial services industry. As more companies explore the integration of digital assets into their balance sheets, the role of institutional managers like Galaxy will become increasingly important. The firm’s holdings in XRP and its performance in the second quarter demonstrate its confidence in the evolving digital economy and its commitment to supporting the development of blockchain-based financial infrastructure.

Source:

[1] title1: Galaxy Digital Unveils Its Massive XRP Holdings In Latest SEC Filing. (url1: https://timestabloid.com/galaxy-digital-unveils-its-massive-xrp-holdings-in-latest-sec-filing/)

[2] title2: Bill Morgan Reports Surge in XRP Holdings Among Public Companies via SEC. (url2: https://coincentral.com/xrp-on-surge-bill-morgan-reports-surge-in-xrp-holdings-among-public-companies-via-sec/)

[3] title3: Here's Why XRP May Be on the Verge of a Deeper Correction. (url3: https://thecryptobasic.com/2025/08/06/heres-why-xrp-may-be-on-the-verge-of-a-deeper-correction/)

[4] title4: Important News from Last Night and This Morning (August). (url4: https://www.panewslab.com/en/articles/b15f45d2-c7ba-490d-abb7-e37c5b9c3b57)

[5] title5: Galaxy Announces Second Quarter 2025 Financial Results. (url5: https://www.barchart.com/story/news/33881467/galaxy-announces-second-quarter-2025-financial-results)

[6] title6: Bitcoin Treasury Companies Have Peaked, Says Galaxy's Novogratz. (url6: https://www.investing.com/news/cryptocurrency-news/bitcoin-treasury-companies-have-peaked-says-galaxys-novogratz-4170900)

[7] title7: [10-Q] Galaxy Digital Inc. Quarterly Earnings Report. (url7: https://www.stocktitan.net/sec-filings/GLXY/10-q-galaxy-digital-inc-quarterly-earnings-report-66ba5679de27.html)

[8] title8: XRP Analysis: $3 Becomes Make-or-Break Level for the Ripple-Linked Token. (url8: https://cryptoadventure.com/xrp-analysis-3-becomes-make-or-break-level-for-the-ripple-linked-token/)