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Showing results for tags 'merger'.
The recent talks of prospective partnerships, mergers, and/or acquisitions from Brad has rekindle a previous hypothesis/speculation I once had regarding an outright purchase of R3 by Ripple or, at the very least, a merger of the two into another company of sorts. I know, I know....I'm probably reaching a bit, but I believe this could very well be a real possibility. I wrote about the possibility of this scenario back in September of last year in a blog post by @CT99 regarding the settlement between Ripple and R3 over the 5-billion XRP. This was also during the time when R3 had been experi
Citing anonymous sources familiar with the matter, Bloomberg reports that the New York-based firm has approached advisers holding an initial public offering (IPO). The sources also said that potential buyers have approached the company seeking to purchase it outright. I wonder if Ripple was one of the prospective buyers? What do you guys think? After all, Brad did mention in a Financial Times article in October 2017 that Ripple could use its 15 billion XRP war chest (market cap of XRP at that time) to "acquire or partner with rivals"!!!! Other Articles: 1. Ripple Ready To Rum