Ripple (XRP) Targets $1 Billion Revenue Run Rate by 2026
Published on · Source: finance.yahoo.com
AI Summary
Summarized by AI from the source belowRipple (XRP) has set a target for a $1 billion annualized revenue run rate by the end of 2026, excluding any contributions from XRP holdings. CEO Brad Garlinghouse indicated this goal reflects Ripple's shift towards being a fintech infrastructure provider. Additionally, Ripple plans to acquire Hidden Road for $1.25 billion in 2025, which processes $3 trillion in annual clearing volume. The company is also expanding its RLUSD stablecoin for enterprise customers, showcasing its focus on institutional services and operational growth.
Informational only, not financial advice. Content is AI-generated and may contain errors. How this works.
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