Ripple CEO: The CLARITY Act may be delayed until May, with approximately $4 billion invested in the crypto ecosystem.

GateNews

2026-03-29 00:27:04

Gate News reports that on March 29, Ripple CEO Brad Garlinghouse stated that driven by mergers and acquisitions, the company expects to achieve record first-quarter results. He revealed that Ripple has invested approximately $4 billion into the crypto ecosystem, which includes the $1.25 billion acquisition of Hidden Road and around $1 billion for the acquisition of GTreasury. Brad Garlinghouse also pointed out that the progress of U.S. digital asset legislation is slower than expected, with the CLARITY Act potentially being delayed from its original plan of April to May, and he called for avoiding excessive politicization of regulation to prevent hindering industry development.

View Source

Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to Disclaimer.

Comment

0/400

No comments