Ripple Retracts Acquisition Plans for Fortress Trust – Bitcoin News
September 29, 2023
Following the letter of intent to acquire Fortress Trust, Ripple CEO Brad Garlinghouse announced the company has decided “not to move forward with an outright acquisition.” Garlinghouse didn’t cite specific reasons for dropping the deal but said Ripple planned to remain an investor in Fortress.
Garlinghouse Announces Ripple’s Withdrawal From Fortress Trust Deal
On Thursday, Ripple’s CEO…