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Why Circle Rejected Ripple’s Bold $5 Billion Acquisition Bid?

Coinpedia LogoCoinpedia19h ago

Why Circle Rejected Ripple’s Bold $5 Billion Acquisition Bid? - Coinpedia

Quick Summary:

While the deal could have instantly positioned Ripple at the forefront of the stablecoin sector, Circle turned down the offer.

As crypto analyst Stellar Rippler noted, acquiring Circle would have meant absorbing a direct competitor, however he also raised questions about overlap.

Insiders reveal that Circle wasn’t satisfied with Ripple’s offer and declined it, considering the valuation insufficient.

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Why Circle Rejected Ripple’s Bold $5 Billion Acquisition Bid? - Coinpedia (Picture 1)Why Circle Rejected Ripple’s Bold $5 Billion Acquisition Bid? - Coinpedia (Picture 2)Why Circle Rejected Ripple’s Bold $5 Billion Acquisition Bid? - Coinpedia (Picture 3)

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Article Details

Author / Journalist: Elena R

Category: Crypto

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-05-01 @ 06:05:05 (19 hours ago)

News Timezone: GMT +8:00

News Source URL: coinpedia.org

Language: English

Article Length: 553 words

Reading Time: 4 minutes read

Sentences: 35 lines

Sentence Length: 16 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Coinpedia

News ID: 28307017

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About Coinpedia

Coinpedia Logo

Main Topics: Crypto

Official Website: coinpedia.org

Update Frequency: 28 posts per day

Year Established: 2016

Headquarters: United States

News Last Updated: 9 hours ago

Coverage Areas: United States

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Worldwide

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #112

Publisher Details

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The story "Why Circle Rejected Ripple’s Bold $5 Billion Acquisition Bid?" was covered 19 hours ago by Coinpedia, a news publisher based in United States.

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The outlet is headquartered in United States and publishes an average of 28 news stories per day.

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  • URL: https://beamstart.com/news/why-circle-rejected-ripples-bold-17460804988161

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