US EditionRipple CEO Brad Garlinghouse Dismisses Circle Acquisition Rumors
- Ripple CEO Brad Garlinghouse denied that Ripple pursued any acquisition of Circle during a June 1 discussion in Las Vegas.
- The denial came after several weeks of reports claiming that Ripple had proposed a bid valued between four and five billion dollars, which Circle reportedly turned down for being insufficient.
- Circle issued a statement in late May affirming it has no plans to sell as it prepares for its IPO valued near $7.2 billion.
- Garlinghouse emphasized Ripple’s strategic focus on building infrastructure and stablecoin RLUSD rather than acquisitions, urging industry cooperation.
- Ripple continues to expand by acquiring platforms like Hidden Road and aims to bridge traditional finance with digital assets through infrastructure development.
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20 Articles
Ripple CTO Clarifies $6 Billion Circle Acquisition Joke Amid IPO Frenzy
The post Ripple CTO Clarifies $6 Billion Circle Acquisition Joke Amid IPO Frenzy appeared first on Coinworldstory. Ripple CTO David Schwartz clarified his $6 billion Circle acquisition comment was a joke, amid speculation and Circle’s oversubscribed IPO at $31 per share. The post Ripple CTO Clarifies $6 Billion Circle Acquisition Joke Amid IPO Frenzy appeared first on Coinworldstory.
"That Was A Joke" Ripple CTO Shuts Down Circle Acquisition Rumors
Ripple key executives have denied rumors of the potential acquisition of the USDC issuer Circle. CEO Brad Garlinghouse and CTO David Schwartz have set the record straight, putting an end to speculation. Schwartz clarified that his earlier remark on the matter was a joke, which was taken out of context. Was Ripple really planning to The post “That Was A Joke” Ripple CTO Shuts Down Circle Acquisition Rumors appeared first on CoinGape.
Ripple Denies $5 Billion Circle Buyout Rumor - Blockchain & Cryptocurrencies Tabloid
Ripple CEO Brad Garlinghouse denies pursuing a Circle acquisition amidst IPO focus, emphasizing stable market impacts. The post Ripple Denies $5 Billion Circle Buyout Rumor appeared first on Blockchain & Cryptocurrencies Tabloid.
Ripple CEO Denies $10B–$20B Acquisition Offer For Circle
Ripple CEO Brad Garlinghouse has officially denied that the crypto payments business offered Circle, the issuer of the USDC stablecoin, between $10 billion and $20 billion to buy it. Ripple has now completely disputed the suggestion made by crypto writer Michael Brummer that such a contract was in the pipeline. Garlinghouse Refutes Acquisition Rumors Brad Garlinghouse said in a recent conversation with journalist Chris Brummer that Ripple never …
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