- Ripple rumors hint at possible acquisition of Uphold or Kraken after SEC closure
- CEO’s legal update and cryptic exchange post ignited widespread acquisition chatter
- Ripple’s $1B war chest suggests readiness for expansion into exchange operations
Speculation is sweeping through the crypto space once again, this time centered on a possible Ripple acquisition. Rumors suggest the company may have quietly taken over a major crypto exchange, with Uphold and Kraken being the prime suspects.
Though there’s been no confirmation, the buzz has reached fever pitch. The whispers began shortly after Ripple resolved its years-long legal battle with the U.S. Securities and Exchange Commission. That resolution has shifted attention toward Ripple’s next move.
🚨 RUMORS: DID RIPPLE JUST ACQUIRE A TOP CRYPTO EXCHANGE?
— Pumpius (@pumpius) June 28, 2025
NO CONFIRMATION YET — BUT THE INTERNET’S ON FIRE.
IF TRUE… EVERYTHING CHANGES.#XRP #RIPPLE
Social Hints Spark the Fire
The conversation ignited after Ripple’s CEO announced the firm would no longer pursue a cross appeal in its legal case. This signaled a final chapter in their long SEC ordeal.
Soon after, a major crypto exchange made a brief but intriguing response on social media. The post didn’t reveal anything concrete, but it was enough to send crypto enthusiasts into a frenzy.
Speculation surged across X (formerly Twitter). Many began dissecting the post, linking it to Ripple’s expansion plans. Uphold’s name appeared in countless tweets, with Kraken occasionally thrown into the mix. While the reply could have been playful banter, its timing fueled the rumor mill.
Ripple’s War Chest and Bigger Goals
Significantly, Ripple holds more than $1 billion in cash. These funds are set aside for mergers, acquisitions, and growth. The company has made it clear they plan to expand beyond cross-border payments. They’ve shown interest in compliance tools, custody solutions, and digital asset tokenization.
Consequently, owning a crypto exchange would align with these broader ambitions. An acquisition could give Ripple direct access to liquidity, compliance systems, and a user base. It would also position them strongly in the evolving Web3 ecosystem.
Ripple aspires to be more than just liquidity & payments.
— 🌸Crypto Eri ~ Carpe Diem (@sentosumosaba) May 18, 2023
Acquisitions in crypto-friendly markets (like UAE and Switzerland), for expansion. pic.twitter.com/yTRMEasngN
What’s Real and What’s Hype?
As of now, there’s no evidence confirming any such deal has taken place. Neither Ripple nor the mentioned exchanges have released a formal statement. What began as speculation remains just that speculation.
