In a recent post on X dated Thursday, October 16, pro-crypto lawyer John Deaton reacted enthusiastically to Ripple’s latest move 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 completed a landmark acquisition of GTreasury for $1.25 billion, sparking widespread discussions and excitement across the XRP community.
According to the announcement, this acquisition aims to integrate Ripple’s blockchain capabilities with GTreasury’s global cash management infrastructure. Notably, the merger will enable CFOs worldwide to manage stablecoins, tokenized deposits, and idle capital more efficiently through innovative decentralized finance solutions.
### Ripple Continues Aggressive Acquisition Strategy
While Ripple’s future plans remain somewhat uncertain, John Deaton appears convinced that the company is far from concluding its aggressive acquisition spree. Having secured seven major companies in recent years, Ripple is clearly focused on expanding its footprint.
To support his prediction, Deaton highlighted Ripple’s consistent acquisition streak as it continues to grow across multiple nations. He pointed to Ripple’s strategic moves to strengthen its position in payments, custody, and stablecoin infrastructure, all of which serve to position its cryptocurrency XRP and the RLUSD stablecoin for broader adoption.
### Key Acquisitions Highlighted by Deaton
Among the major acquisitions spotlighted by Deaton are:
– **Algrim**: A market-making, trading, and liquidity engineering firm.
– **Fortress Trust**: A regulatory and licensing infrastructure provider.
– **Standard Custody & Trust Company**: A regulated trust and custody backbone for stablecoin reserves.
More recent acquisitions include:
– **Metaco**: An institutional crypto custody and tokenization services provider.
– **Rail**: A stablecoin infrastructure and backend automation enhancement firm, acquired for $250 million and $200 million, respectively.
In addition, Ripple also acquired **Hidden Road**, a prime brokerage, clearing, and multi-asset infrastructure company, for $1.25 billion — marking the highest acquisition cost to date.
### Broader Implications for the Financial Ecosystem
This latest move has sparked excitement within the XRP community and fueled speculation that Ripple aims not only to dominate crypto-native payments but to expand its influence across the wider financial infrastructure ecosystem.
With its aggressive acquisition strategy and continued innovation, Ripple seems poised to play a pivotal role in shaping the future of global finance.
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