Ripple Rejects Acquisition Rumors of Circle, Focusing on Existing Plans

Ripple has emphatically denied rumors of acquiring Circle, issuing a statement clarifying that no negotiations took place. The speculation originated from a humorous social media post, which led to confusion in market sentiment. Ripple executives, including CEO Brad Garlinghouse and CTO David Schwartz, confirmed there were no genuine offers or discussions regarding an acquisition. Circle’s planned IPO remains unaffected by the rumors, continuing as usual.