Ripple Denies Billion Dollar Circle Acquisition Rumors: Ripple CEO Reveals New Strategy

Updated

June 5, 2025

Gambar Ripple Denies Billion Dollar Circle Acquisition Rumors: Ripple CEO Reveals New Strategy

Jakarta, Pintu News – Recently, Ripple CEO, Brad Garlinghouse, denied rumors that the company was planning to acquire Circle for between $10 billion and $20 billion. The rumor, which has been circulating since April, has generated a lot of speculation on social media, but Garlinghouse confirmed that no acquisition proposal in that value range is being discussed.

Circulating Acquisition Rumors

48 hours ago I joined @bgarlinghouse on stage in Las Vegas to get his thoughts on the future of @Ripple. While the session wasn’t broadcast live, I found his remarks quite interesting, and worth a tweet.

Quick overview/takeaways:

· Brad was unequivocal that Ripple didn't pursue… pic.twitter.com/6a3lI8DZZj
— Chris Brummer (@ChrisBrummerDr) June 3, 2025

Widely circulated rumors suggested that Ripple had bid for Circle at an initial price of between $4 billion and $5 billion. However, speculation increased with claims that the offer was later raised to between $10 billion and $20 billion. Nonetheless, in a recent discussion, Garlinghouse confirmed that there was no acquisition proposal in that price range.

He also added that Ripple is not in active talks to buy all of Circle’s shares. Circle itself has denied these acquisition rumors. The company’s spokesperson stated that their current focus is on achieving their own strategic goals. Furthermore, Circle is also in the process of conducting an initial public offering (IPO) with plans to sell 32 million class A shares on the New York Stock Exchange at a price range of $27 to $8.

Also Read: Shocking Prediction of Long-Term Analysis by Javon Marks: XRP Price Could Hit $21?

Ripple’s New Strategy

Apart from clarifying the acquisition rumors, Garlinghouse also discussed some of the strategic plans being pursued by Ripple. One major move is the purchase of primary brokerage firm, Hidden Road. This move was taken to increase the usage of Ripple’s stablecoin, RLUSD (Ripple USD).

With the integration of RLUSD in Hidden Road’s brokerage operations, the stablecoin can serve as collateral and expand its use in various financial transactions. Garlinghouse described this integration as like designing the basic infrastructure for a city. This shows how important a role stablecoins play in today’s digital finance ecosystem.

Ripple Expansion in Dubai

Garlinghouse also highlighted the increasing use of XRP Ledger (XRPL) for practical purposes. Authorities in Dubai, for example, have chosen XRPL as part of a real estate tokenization plan.

The cooperation involves the Dubai Future Foundation and the Virtual Assets Regulatory Authority, with the Dubai Land Department planning to use the XRPL platform to issue digital copies of property ownership deeds. Garlinghouse’s comments show that tokenization is no longer a theoretical concept, especially in regions such as the United Arab Emirates, where practical implementations are already taking root.

Conclusion

By denying acquisition rumors and revealing new strategic plans, Ripple is demonstrating its focus on continued innovation and expansion. These steps not only strengthen Ripple’s position in the global market, but also demonstrate the great potential of blockchain technology in the transformation of the financial and real estate sectors.

Also Read: Is Dogecoin (DOGE) Due for a Decline? Descending Triangle Pattern Indicates This

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