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Ripple Announces Acquisition of Fortress Trust: Community Responds 3m ago by

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Ripple announces its decision to acquire Fortress Trust, expanding its portfolio of regulatory licenses.

Crypto enthusiast Yassin Mobarak shares his ecstasy as well as skepticism about Ripple’s development.

Ripple CEO Brad Garlinghouse comments that Fortress Trust’s technology and licensing best suits Ripple’s services.

Leading crypto payments firm Ripple recently announced its decision to acquire the blockchain infrastructure firm Fortress Trust, a subsidiary of Fortress Blockchain Technologies. In response to Ripple’s cutting-edge development, Crypto enthusiast Yassin Mobarak shared a Twitter thread conveying both his ecstasy and skepticism.

As a @Ripple stock shareholder, I’m thrilled by this announcement. As an $XRP digital asset holder, I’m not so sure yet.

— Yassin Mobarak (@Dizer_YM) September 8, 2023

On September 8, Ripple took to Twitter to declare their groundbreaking decision to purchase Fortress Trust, with the intention to enlarge the platform’s portfolio of regulatory licenses. Recently, Ripple has also announced its expansion of the University Blockchain Research Initiative (UBRI) by partnering with four n…

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