According to U.Today reporting on July 24, 2026, Galaxy Digital, Arrington Capital, The Private Shares Fund, and GAM Alternatives Lux agreed to purchase approximately $130 million worth of Ripple Labs private shares from Linqto as part of that company's bankruptcy proceedings.
Linqto Background
Linqto was a platform that allowed retail and accredited investors to purchase pre-IPO equity stakes in private technology companies, including crypto infrastructure firms such as Ripple Labs. The platform positioned itself as a bridge between retail capital and private company shares that would traditionally be accessible only to venture capital firms and institutional investors.
According to the U.Today report, Linqto accumulated holdings in Ripple Labs shares. As part of its bankruptcy proceedings, those holdings are being sold to institutional buyers — a process that moves the Ripple equity from a retail-accessible platform into the hands of professional asset managers.
The Buyers
According to U.Today, the four institutions that agreed to purchase the Ripple shares are Galaxy Digital, Arrington Capital, The Private Shares Fund, and GAM Alternatives Lux. The combined purchase price is reported at approximately $130 million. TokenForge HQ notes this claim is based on a single U.Today report — details remain subject to official bankruptcy court filings and final transaction confirmation.
Galaxy Digital is one of the largest institutional crypto firms globally, operating trading, asset management, and investment banking divisions. Arrington Capital is a cryptocurrency-focused venture and hedge fund known for early-stage investments in blockchain infrastructure companies.
What This Signals
The transaction suggests that even in a period of retail exit from crypto markets — as documented by Wintermute's H1 2026 data showing retail largely absent from spot trading — institutional investors are actively acquiring positions in Ripple's equity, not just XRP exposure through ETFs. This represents a distinct channel of institutional interest: direct ownership of Ripple Labs the company, rather than its native token via regulated products.
For context on the broader institutional accumulation trend in XRP, see our coverage of XRP whale accumulation and retail divergence and the wave of 13F filings from wealth managers adding XRP ETF exposure. For live XRP market data, see XRPLAnalytics.
Broader 13F and Institutional Context
The Linqto transaction sits alongside a cluster of institutional XRP activity reported in July 2026. According to U.Today, other recent institutional moves include Brookstone Capital Management disclosing a $71 million XRP ETF position, Realta Investment Advisors reporting exposure in the REX-Osprey XRP ETF with more than $260 million in holdings, and Vista Finance disclosing approximately $11.45 million in Franklin XRP Trust ETF shares. Leisure Capital Management, a Kansas-based wealth manager, disclosed $206,000 in Franklin XRP Trust ETF shares in its SEC 13F filing for Q2 2026.
These disclosures collectively reflect a pattern: institutional capital is finding multiple pathways into XRP and Ripple exposure simultaneously — through ETFs, direct equity, and OTC desk activity.