Pro-Crypto Lawyer Says Ripple Isn’t Done After New $1.25 Billion Acquisition — TradingView News
In a recent X post on Thursday, October 16, pro-crypto lawyer John Deaton reacted to Ripple’s latest venture into the corporate treasury space following its newest acquisition.
Earlier that day, Ripple’s CEO Brad Garlinghouse announced that the San Francisco-based blockchain firm had made an epic acquisition of GTreasury for $1.25 billion, sparking discussions and excitement across the XRP community.
According to the announcement, the acquisition aims to integrate Ripple’s blockchain capabilities with GTreasury’s global cash management infrastructure. Notably, this will enable CFOs worldwide to manage stablecoins, tokenized deposits, and idle capital more efficiently through decentralized finance solutions.
Ripple continues…
