Ripple eyeing ‘multiple acquisitions,’ Ethereum-like upgrades to XRP Ledger

Ripple is in talks for multiple acquisitions, according to Chief Technology Officer David Schwartz, who told DL News that the company has "multiple potential acquisitions in various different stages." Ripple bought prime broker Hidden Road for $1.25 billion in April and previously acquired crypto custody firms Metaco for $250 million and Standard Custody for an undisclosed amount. Schwartz also said the XRP Ledger is being made more "programmable," and Ripple is building a lending protocol for the ledger that is set to debut in the third quarter of the year, pending validator approval.