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Coin Edition 2025-01-06 08:47:33

Ripple Signs More U.S. Deals in Six Weeks Than in Previous Six Months

Ripple Signs More U.S. Deals in Six Weeks Than in Previous Six Months

Ripple signed more U.S. deals in the last six weeks of 2024 than in the previous six months. CEO Brad Garlinghouse credits regulatory changes and Trump’s election for the company’s U.S. growth. Ripple embraces a U.S.-centric strategy, with 75% of open roles now based domestically. Ripple reported a sharp increase in U.S. deals following the 2024 presidential election. CEO Brad Garlinghouse revealed that the company secured more U.S. deals in the last six weeks of 2024 than it had in the previous six months. This turnaround comes after years of regulatory challenges with the U.S. Securities and Exchange Commission (SEC). For Ripple, the shift is personal. According to Garlinghouse, these challenges stemmed from what he called “government overreach and selective enforcement,” which had limited the company’s domestic opportunities. The election of Donald Trump as the next President brought optimism for Ripple and the broader crypto industry. Regulatory shifts under the new administration have encouraged Ripple to adopt a U.S.-focused strategy, with 75% of its current open roles based domestically. This contrasts with the past four years when Ripple primar… The post Ripple Signs More U.S. Deals in Six Weeks Than in Previous Six Months appeared first on Coin Edition .

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