Ripple CEO Garlinghouse Eyes Deals for FTX Assets Amid Bankruptcy

Ripple CEO Brad Garlinghouse is reportedly interested in buying certain parts of collapsed crypto exchange FTX. Ripple Inc, a leading blockchain technology company, is reportedly interested in some of the assets of the bankrupt FTX exchange.

According to Ripple chief, Ripple CEO Brad Garlinghouse said that Ripple to consider deals for FTX assets. During the call, he discussed with SBF the idea of buying part of the business. Part of Brad Garlinghouse, CEO da Ripple, disse que a companhia tem interesse em comprar empresas possuídas pela FTX que atendem clientes empresariais.

Ripple Eying FTX Assets: A Strategic Move? Ripple CEO Brad Garlinghouse is eyeing potential deals for FTX assets, but noted that the bankruptcy filing means that it’ll be a “harder path to transact.” El CEO de Ripple, Brad Garlinghouse, está considerando acuerdos potenciales para los activos de FTX, pero señaló que la declaración de bancarrota significa…

Brad Garlinghouse, the CEO at Ripple, has shown interest in acquiring certain assets of the bankrupt crypto exchange FTX. Garlinghouse appealed to purchase other…

Talking to The Sunday Times, Ripple CEO Brad Garlinghouse said that former FTX CEO Bankman-Fried called him two days before the company filed for bankruptcy.

The interest from Ripple highlights the potential value still held within the FTX ecosystem, even amidst the ongoing bankruptcy proceedings. Garlinghouse's perspective suggests a strategic acquisition, possibly targeting enterprise-focused entities previously owned by FTX. The bankruptcy certainly complicates matters, but doesn't necessarily eliminate the possibility of successful deals.