Ripple CEO Denies $5 Billion Bid to Buy Circle Amid Speculation

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Ripple CEO’s Billion-Dollar Mirage: Not Quite the Deal of the Century 😏

Well, well, well. Ripple’s head honcho, Brad Garlinghouse, has made it abundantly clear—despite all the juicy rumors swirling like gossip at a high-society tea party—that Ripple is not, repeat, NOT putting up a princely sum of $5 billion to acquire Circle. A shame, really, as it had all the makings of a thrilling business romance, but alas, it was all just a figment of the imagination.

This particular bit of news goes against the grain of a few weeks’ worth of speculation, which had everyone from Ripple to Coinbase allegedly in talks about getting their grubby hands on Circle. Ah, but don’t be fooled, dear reader—Circle, ever the elusive temptress, has made it clear time and again that they’re not for sale. Not even for a king’s ransom. Well, their loss, eh? 🍷

And, as if to add salt to the wound, Circle is set to go public this week, all bright-eyed and bushy-tailed, with a snazzy valuation of $7.2 billion. They’ll be flaunting their ticker CRCL in front of anyone who’ll look. A strong move indeed, considering how the whole “being the hot new thing” strategy works. Just don’t expect Ripple to be the ones making the first move in this dance.

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2025-06-04 10:07