News/Ripple CEO: Ripple to Consider Deals for FTX Assets

Ripple CEO: Ripple to Consider Deals for FTX Assets

Nov 20,2022,14:04

Ripple CEO Brad Garlinghouse said that Ripple to consider deals for FTX assets. During the call, he discussed with SBF the idea of buying part of the business.

"Part of my conversation was that if he needed liquidity and maybe had a business that he had purchased or that he owned, we would consider buying it." However, Garlinghouse acknowledged that a potential deal for the FTX business would be very different from a one-on-one deal now that FTX has filed for Chapter 11 bankruptcy in the United States. In addition, he said he would be interested in buying the portion that provides services to corporate clients.

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