It has ignited Overture Ripple Labs Inc. To buy Circle Internet Financial for between $ 4 billion to $ 5 billion a rare public group from within the same digital asset industry, while simultaneously highlighted the different philosophies on how to market encryption networks.
Simon Didik, CEO of Moonrock Capital, aimed at a direct goal in Ripple in a post on X, where he wrote that the attempt to seize Circle will be “the final example of” fake to make it “on doping. DRADIC claimed that the Ripple business model for a decade was “exploding [its] A society with empty promises and delightful news-all of this only to pump the distinctive symbol of XRP to ridiculous billion dollars. “
He continued, “Then you sell your symbols, build a huge war box, and try to use it to buy one of the most legitimate and profitable companies in this industry. If not, I will be a fan of implementing and carrying Brad Gellinghyus.”
Ripple refused to comment on Dedic description. The company’s acquisition of the company, which was informed by Bloomberg for the first time on Wednesday, was rejected by Serkel, who is preparing for the initial public offering in early April and believes that the numbers provided “reducing the value of concession”, according to people familiar with the talks. Circle also rejected the general comment on the approach, repeatedly that its concentration in the near -subscription process and the growth of Stablecoin USDC.
Ripple, which is designed by Ledger XRP, designed for payments and cross -border settlement, is not strange to large checks. Only last month, the San Francisco -based company agreed to obtain the Hidden Road Prime Brokerage platform for $ 1.25 billion, one of the largest deals in Crypto so far. However, the attempt to acquire the circle would stunt this treatment, and if completed, the largest of the two -backed Stablecoins is folded from the dollar -backed dollar alongside the rope under a new roof.
Tamulization = High agency creator
The presentation has also been a long discussion about the role that the founding teams and its institutions should play as soon as the network is alive. Hunter Horsley, CEO of BitWise Asset Management, argued that X is that the market often overlooks the “role of creators in marketing”.
Horsley has argued that the episode shows the “High -Enclosive Creator” model increasingly between layer 1 protocols. He prepared a spectrum with three original models. There is no agency origin: Bitcoin. Creator of the Middle Agency: ETHEREUM, BitTensor, etc.
The CEO of BitWise added that the projects in the third category “have laboratories and institutions as well as organized resources and talents and the desire to promote adoption.” In his opinion, the ability of such entities to “bend the fate to win” means that “the best product does not always win. Sometimes this is the best in the market. Do you train this dimension in your expectations?”
In other words, Horsley Ripple sees the acquisition as an example of a textbook on a high -agency strategy at work, in contrast to protocols such as Bitcoin, which depends almost exclusively on emerging community coordination. On the contrary, DEDIC’s criticism, on the contrary, frames on the Ripple approach as opportunistic revenge funded by XRP.
At the time of the press, XRP was traded at $ 2.22.
Distinctive image created with Dall.e, Chart from TradingView.com
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