Ripple's $3 Billion Acquisition Strategy Aims to Link TradFi and DeFi
Ripple has been on an aggressive acquisition spree since 2023, with a total spend of nearly $3 billion on six major deals. The company's goal is to bridge the gap between traditional finance and decentralized finance, as revealed by its CEO Brad Garlinghouse in an interview.
According to Garlinghouse, Ripple's acquisitions aim to bring digital asset services to institutional clients. He cited GTreasury, a payments platform that handled $13 trillion in transactions without using crypto or stablecoins, as an example of the company's potential market reach.
Ripple plans to slow down on new acquisitions in the first half of this year, focusing instead on integrating recent purchases and testing their performance. The company has reported strong early results from its recent deals, with GTreasury already showing signs of integration success.