XRP Giant Uphold Could Be Acquired: Pro-Ripple Lawyer Predicts PayPal and Binance Among Potential Buyers

by

So, here we are, folks! Crypto attorney John E. Deaton has decided to stir the pot in the XRP debate, suggesting that Uphold, the platform that practically wears an XRP t-shirt to bed, might just be on the shopping list of some big players. 🎉

And who are these potential buyers? Oh, just a casual lineup of Coinbase, Kraken, Binance, Gemini, Robinhood, Ripple, and a few Wall Street titans like JPMorgan, Goldman Sachs, Fidelity, Citi, and PayPal. You know, no big deal. Just your average Tuesday in the crypto world! 😏

Now, let’s talk numbers. Uphold is sitting pretty with XRP accounting for a jaw-dropping $4.54 billion of its $6.61 billion in total reserves. That’s about 69% of all assets! It’s like having a pet goldfish that’s actually a dragon. 🐉

With over 26 million XRP transactions under its belt, making up 26% of the total volume, Uphold is not just a casual observer; it’s the life of the party! And guess what? They just announced support for USDC via the XRP Ledger. Because why not add more to the mix? 🎈

But hold your horses! There’s a catch. Simon McLoughlin, the CEO of Uphold, is not just a fan of XRP; he’s practically its biggest cheerleader. 📣 This guy believes in XRP like I believe in the healing power of chocolate. So, any potential buyers might need to cough up some serious cash if they want to take this baby home.

Deaton’s prediction might sound a bit like a wild dream after too much cheese, but with all the numbers and growing institutional interest in XRP infrastructure, it’s definitely worth keeping an eye on. 👀

And let’s not forget Ripple’s history of acquisitions, like that little fling with Bitstamp that ended up merging with Robinhood. So, who knows? The crypto world is full of surprises, and I’m here for it! 🍿

Read More

2025-06-20 12:55