Para Brad Garlinghouse, CEO de Ripple, it is natural that the company is interested in acquiring other companies in the crypto sector.
- Ripple is open to acquiring projects operating within the crypto space.
- Garlinghouse believes this will be a growing trend going forward.
- Among other plans, Ripple también contempla cotizar sus acciones en la bolsa de valores.
Brad Garlinghouse, CEO of the solutions developer Blockchain, Ripple, recently announced that they are considering acquiring other projects operating within the cryptocurrency cryptocurrencies are digital currencies that use cryptographic technologies to secure their operation. space and their underlying technology.
Ripple plans to acquire companies in the crypto sector
Garlinghouse’s comments came as part of an interview conducted by the news network a network refers to all nodes in the operation of a blockchain at any given moment in time. CNBC, in which the manager ofRipple claimed that they have at their disposal “a very solid balance sheet”, so they are in a stage of growth in which they could come to place plans to acquire other projects.
In this regard, Garlinghouse commented:
“I would say there’s a lot of growth in the crypto sector, and we’re looking at a lot of different segments within the ecosystem for growth. Some of that, obviously, we’re going to build internally (carbon credit initiatives is something we’ve launched internally), but we’ve invested in over 30 to 40 companies across the space, and we’ll continue to look for opportunities to grow through external acquisitions.”
As such, the CEO ofRipple anticipates that this will be a trend that will be on the rise, so it will be very common to see mergers and acquisitions within the entire crypto space going forward:
“I think there will be an uptick in [mergers and acquisitions] within crypto and Blockchain. We haven’t seen that yet, but I think it’s likely to happen in the future. And certainly, I think as that develops, we would consider things like that as well.”
Other plans forRipple
In addition to the aforementioned, Garlinghouse also revealed other plans they have in mind forRipple thinking about the not too distant future.
Among these he highlighted the fact thatRipple to become a publicly traded company, which they plan to do once the ongoing lawsuit against the company is concluded. U.S. Securities and Exchange businesses that allow customers to trade cryptocurrencies for fiat money or other cryptocurrencies. Commission (SEC).
With this in mind,Ripple joins the group of companies that are thinking about taking the leap and going public with their shares. On the other hand, there are all those entities that want to invest investing is when you put money in a financial scheme with the intent of making a gain. in companies just looking for those merger and acquisition opportunities that Garlinghouse referred to.
An example of the latter is FTX.US, whose president Brett Harrison said in an interview that the exchange’s parent company is also attentive to this type of opportunity, which will seek to support the opposite of Resistance, it is a threshold that crypto’s price doesn’t fall below. new users and lay the groundwork for regulatory licensing:
“We’re doing it globally, in places like Japan, Australia, Dubai and different jurisdictions where we’ve been able to partner with local companies or sometimes do acquisitions to be able to get the licenses we need.”
Back withRipple, for the time being, the company has its focus on the lawsuit it is disputing against the SEC in the U.S., on which they have repeatedly presented very good forecasts due to the small victories they have been achieving as the case progresses.
Let us keep in mind thatRipple also plans to migrate to another nation once the trial is over, precisely to look for jurisdictions friendlier to its business model.
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Version by Angel Di Matteo / DiarioBitcoin
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