A new wave of speculation has gripped the XRP community following a bold claim by prominent crypto influencer JackTheRippler. In a recent X post, he stated, “Ripple will acquire major exchange Uphold Inc XRP,” igniting intense discussions about a potential acquisition that could significantly reshape the XRP ecosystem. JackTheRippler Sparks Acquisition Buzz Though neither Ripple nor Uphold has confirmed the rumor, JackTheRippler’s statement has drawn attention across the crypto space. His post adds to a growing chorus of voices speculating on Uphold’s future, particularly after pro-XRP attorney John E. Deaton publicly floated the idea that Ripple, alongside other industry giants like Binance, JPMorgan, and PayPal, could be a potential buyer. The timing of these speculations coincides with Uphold reportedly exploring strategic options, including a sale or IPO. RUMORS: @Ripple will acquire major exchange @UpholdInc ! #XRP pic.twitter.com/U2zLZQDszP — JackTheRippler © (@RippleXrpie) June 28, 2025 Why Uphold Is Central to the XRP Ecosystem Uphold has become a cornerstone for XRP liquidity . The exchange’s transparency reports reveal it holds over $4.5 billion in XRP, accounting for approximately 69% of its total cryptocurrency reserves. It has also processed more than 26 million XRP transactions, representing over 26% of the asset’s overall transactional volume. With Uphold recently adding support for USDC on the XRP Ledger, its deep integration within the XRP ecosystem is undeniable. This level of involvement positions Uphold not just as an exchange but as an essential hub for the XRPFi (XRP-based decentralized finance) movement. If Ripple were to acquire Uphold, it would gain immediate control of a platform already aligned with its long-term goals for enterprise-grade financial infrastructure. Strategic Synergies and Ripple’s Track Record Ripple is no stranger to strategic investment. It previously acquired a stake in Bitstamp, which was later involved in a merger deal with Robinhood. An acquisition of Uphold would mark a more direct expansion, positioning Ripple to own a highly compliant, XRP-heavy exchange with a global user base. We are on twitter, follow us to connect with us :- @TimesTabloid1 — TimesTabloid (@TimesTabloid1) July 15, 2023 Such a move would also support Ripple’s broader goals, including deeper liquidity for RLUSD (Ripple’s stablecoin) and further development of financial products built on the XRP Ledger. With Uphold’s robust infrastructure and transparent reserves, backed 100.6% according to internal disclosures, the platform would be a valuable asset for Ripple’s growing financial ecosystem. Financial Signals and Leadership Hints Uphold’s CEO, Simon McLoughlin, recently confirmed that the company is considering a sale or IPO, with a valuation reportedly exceeding $1.5 billion. Revenue projections for 2025 are said to surpass $300 million, up from just $80 million in 2022. These numbers highlight why Uphold has become a prime acquisition target, not only for Ripple but for others eyeing its strong financials and XRP integration. McLoughlin’s open support for XRP also raises interesting questions. Would he favor a Ripple acquisition or seek broader institutional interest to drive up valuation? While the rumor remains unverified, JackTheRipper’s post has drawn attention to what could become one of the most consequential deals in crypto. Ripple’s ambitions, Uphold’s XRP dominance, and clear synergies between the two make the acquisition not just plausible but strategically powerful. For now, the community watches and waits as speculation continues to swirl around one of XRP’s most trusted platforms. Disclaimer : This content is meant to inform and should not be considered financial advice. The views expressed in this article may include the author’s personal opinions and do not represent Times Tabloid’s opinion. Readers are urged to do in-depth research before making any investment decisions. Any action taken by the reader is strictly at their own risk. Times Tabloid is not responsible for any financial losses. Follow us on Twitter , Facebook , Telegram , and Google News The post Rumor: Ripple Is Set to Acquire XRP-Centric Exchange Uphold appeared first on Times Tabloid .
