Ripple has been mostly preoccupied with its lawsuit with the United States Securities and Exchange Commission (SEC). However, with a partially favorable ruling from Judge Analisa Torres last week stating that XRP tokens sold on the secondary market are not securities, the crypto firm has turned its attention to other things. This time around, Ripple has dipped its toes into the metaverse sector, joining a massive funding round for Futureverse.

Ripple Joins $54 Million Funding Round For Futureverse

On Tuesday, Bloomberg reported that Futureverse, a metaverse startup, had raised a total of $54 million. The company completed the Series A funding round, although at an undisclosed valuation. But the interesting part of the raise was the parties involved.

The raise was led by 10T Holdings, a …