News with the tag "Fortress Trust"

Ripple Labs Inc recently had announced that it will not proceed with its planned acquisition of Fortress Trust The post Ripple Announces Decision to Step Back on Acquiring Fortress Trust appeared first on Latest News and Insights on Blockchain, Cryptocurrency, and Investing .

In a surprising turn of events, Ripple CEO Brad Garlinghouse announced today that the financial technology firm will not proceed with its previously planned acquisition of Fortress Trust, a Nevada-licensed financial services provider. The decision comes just 20 days after the initial announcement of...

In a swift and decisive move, leading crypto payments business Ripple (XRP) has stepped in to mitigate the fallout from a recent security incident that left clients of Fortress Trust in a state of vulnerability. The incident, which Fortress attributed to a compromised third-party vendor’s cloud tool...

Ripple’s assistance of Fortress following a recent hack has garnered praise from the crypto community.

Attorney Deaton says Ripple has made Fortress Trust’s customers whole despite splashing $200 million in legal fees defending itself against the SEC. Crypto-Law.US founder Attorney John Deaton has reacted to reports of Ripple’s potential acquisition of Fortress Trust. The Crypto Basic reported earlie...

Ripple covered losses suffered by customers of Fortress Trust, the blockchain infrastructure startup it acquired last week.

In a strategic move to bolster its regulatory prowess, Ripple has acquired Fortress Trust, expanding its foothold in the United States.

While the crypto bear market rages on, the San Francisco-based blockchain payment firm Ripple has undertaken another significant acquisition. In particular, Ripple has proclaimed its agreement to acquire Fortress Trust, an established institution specializing in offering licensed Web3 financial serv...

Crypto-based payments platform Ripple Labs is acquiring blockchain infrastructure firm Fortress Trust, the second major purchase for the company this year. In a new company blog post, Ripple announces its addition of Web3 firm Fortress Trust to handle its infrastructure and regulatory compliance nee...

Ripple, a leading blockchain and cryptocurrency company, has acquired Fortress Trust, a Nevada-licensed financial services provider for the crypto industry. The purchase expands Ripple’s regulatory licenses and infrastructure to bolster its position in enterprise blockchain solutions. Ripple Acquire...