On March 7, U.S. President Donald Trump hosted the first-ever crypto summit at the White House. Among the few invitees was Brad Garlinghouse, the CEO of Ripple Labs.
Brad Garlinghouse: The Power Behind XRP
Brad Garlinghouse, born on February 6, 1971, in Topeka, Kansas, USA, is the CEO of Ripple Labs. He graduated from the University of Kansas and earned his master's degree from Harvard Business School. Brad is known as a pioneer in the fintech industry.
Ripple Labs: Past and Present
Brad became the CEO of Ripple Labs in 2014. Under his leadership, the company raised $296 million through 7 funding rounds. XRP reached its all-time high of $3.89 in 2018. Recent developments also bolstered the success of the XRP token.
The Ripple vs. SEC Lawsuit
In 2020, the SEC accused Ripple Labs of treating XRP as a security. The case lasted over 4 years, but in 2025, the court determined that XRP is not a security, marking a victory for Ripple and its community.
After prolonged legal struggles, Brad Garlinghouse and Ripple Labs regained their standing in the crypto market. Their story is a testament to resilience and belief in blockchain technology.