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Ripple strengthens U.S. presence amid political changes

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by A1

2 days ago


Ripple CEO Brad Garlinghouse announced that 75% of Ripple Labs' job openings are now based in the United States.

Ripple expands U.S. presence

Ripple has closed more deals and partnerships in the U.S. following the November 2024 election. Garlinghouse attributes these changes to the incoming Trump administration and its pro-crypto rhetoric.

Team Trump is already jumpstarting innovation and job growth in the US with Scott Bessent, David Sacks, Paul Atkins, and others at the helm.Brad Garlinghouse

Optimism in the crypto industry

Industry executives and investors express optimism about the potential for crypto to flourish under the Trump administration, expecting a friendlier regulatory climate. Hive Digital has relocated its headquarters from Vancouver to San Antonio, Texas, citing supportive conditions.

Future changes and forecasts

Morgan Stanley is considering adding crypto trading to the E-Trade platform. ARK Invest founder Cathie Wood predicts an uptick in corporate mergers and acquisitions and expects bitcoin prices to reach $1 million by 2030 due to pro-innovation policies.

As the inauguration day approaches, the crypto business sector is preparing for new opportunities expected under the second Trump administration.

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