XRP and BlackRock: Rumors of a Merger
XRP is now larger than some of the biggest companies in the world. Meanwhile, in the crypto domain, a viral news item suggests that BlackRock will merge with Ripple, indicating that these two financial giants are about to join forces.
Where Did This Claim Originate?
The speculation began when Atlas, a known crypto and on-chain analyst on X, shared a thread claiming that BlackRock and Ripple “will merge.” He described it as a natural alignment due to both companies’ goals, structures, and financial strategies. Atlas asserted that he had reviewed “leaked documents” demonstrating overlaps and shared objectives between the two firms.
But is there any proof backing this claim?
Fact Check: What Do the Facts Show?
No Official Announcement or Confirmation
Currently, there is no official announcement from BlackRock or Ripple about a merger, partnership, or acquisition. Neither company has issued any press release or statement to support this rumor. Leading crypto news outlets and mainstream business media have reported no deal between the two firms.
No Proof for Leaked Documents
While Atlas mentioned he had seen leaked documents, he did not provide any sources in his tweet. Though some theories suggest Ripple and BlackRock could be working on similar systems or share similar goals, these ideas remain speculative and unverified.
Strategic Hiring, Not a Merger
Recent developments show that Ripple has hired executives with backgrounds in major financial institutions, including BlackRock. However, hiring executives and aligning strategies does not constitute a corporate merger.
BlackRock Will Pursue XRP ETF Soon
Ripple has dropped its cross-appeal, and many expect the SEC to follow suit soon. Ripple’s CEO, Brad Garlinghouse, has indicated that XRP now has a clearer path for an ETF, similar to Bitcoin and Ethereum. Previously, legal issues hampered the possibility of an XRP ETF in the U.S. With those challenges out of the way, experts, like Nate Geraci, believe BlackRock may soon file for an ETF.
Garlinghouse did not confirm any official deal with BlackRock, but hinted that the door is open for future collaboration.
Key Evidence Table: Coinpedia’s Fact Check
| Claim | Coinpedia’s Evidence |
|---|---|
| BlackRock will merge with Ripple | No official news, only social media speculation |
| Leaked documents reveal alignment | No verified sources or documents have been published |
| Recent executive changes hint at a merger | Hires from BlackRock, but no sign of merger talks |
| BlackRock confirmed to file for XRP ETF | No filing yet, but the firm can now consider it more openly |
Conclusion
| Claim | Verdict |
|---|---|
| BlackRock will merge with Ripple | ❌ False |
| Fact-Check by Coinpedia | There is no official evidence or confirmation supporting claims that BlackRock and Ripple are merging. This rumor is based on unverified tweets and community speculation. While both companies are involved in financial innovation, no current plans or movements toward a merger exist. |
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