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Ripple to acquire Galaxy-backed stablecoin firm Rail for $200 million

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5 months ago 5 months ago

Ripple to acquire Galaxy-backed stablecoin firm Rail for $200 million


Naga Avan-Nomayo
by Naga Avan-Nomayo 5 months ago5 months ago
Ripple to acquire Galaxy-backed stablecoin firm Rail for 0 million


Ripple will buy payments platform Rail for $200 million, adding 10% of global stablecoin payment flow to its network as U.S. regulations mature.



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