One founder says that Ripple follows the acquisition strategy similar to Softbank using XRP, but others are wondering whether the comparison suits it.
Ripple has made a large number of acquisitions to control the main transactions bars and direct them through XRP and Stablecoin, Ripple USD (RLUSD), which leads to comparisons with the Japanese investment company Softbank.
The acquisition of the Hidden Road, which costs $ 1.25 billion on April 8, allows the use of RLUSD as a guarantee in the company’s main brokerage products. Hidden Road will also deport post -trade operations to Professor XRP notebook, which supports XRP coded (XRP (XRP) (XrpAnd many institutional services.
Omni founder and CEO Austin King defines the Ripple strategy directly. The start starting, Stata Labs, extends in 2019 and describes the approach as the “SoftBank” acquisition strategy.
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