 ▲XRP, RLUSD, Brad Garlinghouse, CEO of Ripple/AI-generated image © |
Ripple CEO Brad Garlinghouse has unveiled an ambitious vision to elevate the company’s future valuation to the level of the “trillion-dollar club,” alongside Apple and Nvidia. He emphasized that XRP lies at the heart of this grand objective, describing it as the company’s “North Star” guiding all strategic decisions.
According to cryptocurrency-focused outlet Decrypt on February 11 (local time), Garlinghouse said during the “XRP Community Day” event held on social media platform X (formerly Twitter) that he does not doubt for a moment that a trillion-dollar crypto company will emerge. He expressed confidence that Ripple has the opportunity to become that company if it successfully executes its business strategy in collaboration with the broader XRP ecosystem. Currently, only a handful of companies worldwide—such as Apple, Alphabet (Google), and Nvidia—have achieved a market capitalization of $1 trillion.
Last November, Ripple secured $500 million in investment from major financial institutions including Citadel Securities and Fortress Investment Group, earning a valuation of approximately $40 billion. To reach the $1 trillion target, the company would need to grow about 25 times its current valuation. Despite recent market volatility, including declines of 26% in Bitcoin (BTC) and 33% in XRP prices, Garlinghouse advised focusing on the long-term opportunity to restructure and enhance global financial infrastructure.
Ripple has expanded aggressively through mergers and acquisitions over the past year. It acquired prime brokerage firm Hidden Road for $1.25 billion and treasury management company GTreasury for $1 billion, deploying billions of dollars in the process. The company also invested $200 million in stablecoin firm Rail and acquired wallet service provider Palisade as part of its business diversification efforts.
However, Garlinghouse stated that in the first half of this year, the company plans to focus on integrating its recent acquisitions rather than pursuing large-scale deals. While he tempered expectations for major acquisitions in the near term, he left open the possibility of actively seeking market opportunities again in the second half of the year. Despite shifts in management strategy, XRP remains the company’s unwavering core focus.
“Ripple exists to drive the success of XRP and its ecosystem,” Garlinghouse reiterated. “The products and services we build ultimately aim to contribute to the entire XRP ecosystem.” Meanwhile, XRP, which reached an all-time high of $3.56 last week, has recently undergone a correction and is trading around $1.38.
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