A recent post on social media has sparked heated discussions about the potential acquisition of Ripple by Meta, raising questions about the future of XRP and the impact of such deals on the cryptocurrency market.
Hypothetical Deal between Meta and Ripple
In this fictional scenario, Meta is considering acquiring Ripple's payments, custody, and stablecoin divisions, while Ripple retains its XRP tokens. This news has drawn attention as Ripple's XRP holdings alone are valued far higher than its entire business valuation.
XRP Holdings and Their Impact on Ripple's Valuation
Ripple currently holds an impressive 44.8 billion XRP tokens, valued at $2.50 each. The total value of these assets is $113 billion. However, Ripple's business valuation ranges from $15 to $30 billion, highlighting the significant gap between XRP's value and the company's operations.
Ripple's Prospects as a Pure XRP-Holding Company
MicroStrategy has established itself as the largest Bitcoin holder, and similarly, Ripple could transform into a company that solely holds XRP. Such a change could clarify many questions for investors and XRP holders regarding how Ripple's decisions affect the token's success.
Despite the speculative nature of the discussion, the potential acquisition of Ripple by Meta opens new horizons for understanding the interaction between crypto assets and large platforms, as well as the future of XRP in global financial markets.
