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XRP News Today: Ripple CEO Denies $5B Circle Acquisition Rumors
Ripple CEO Brad Garlinghouse denied rumors of a $10–$20 billion bid to acquire Circle.
Circle remains focused on its IPO plans and dismissed acquisition speculation.
Ripple is advancing real-world tokenization projects, including Dubai’s real estate initiative on XRPL.
Speaking at the XRP Las Vegas conference, Garlinghouse addressed the widely circulated rumors during a fireside chat with fintech policy expert Chris Brummer.
Brummer later summarized the discussion in a post on X, noting that the Ripple chief “refuted” the idea that Ripple ever made a $10 to $20 billion bid for Circle.
Ripple’s Alleged $5B Circle Bid First Surfaced in April
Rumors of a possible acquisition first surfaced in April, with reports suggesting Ripple had initially offered between $4 billion and $5 billion.
Some outlets later claimed the offer was raised to as high as $20 billion. Garlinghouse did not confirm whether an initial offer was made but made clear that Ripple was not pursuing an outright takeover.
#XRPBullishOrBearish? XRP