Blockchain payments firm Ripple Labs Inc has secured $500 million from Fortress Investment Group and a few other investors. The funding raised its valuation to a whopping$40 billion, according to an X post by the company’s CEO Brad Garlinghouse. He described this round as the “cherry on top of a mountain of good news” that the firm has recorded this year alone. Fortress Investment Group Leads Ripple’s $500 Million Round On November 5, Brad Garlinghouse, Ripple’s CEO, acknowledged that his company has ha ...