Fact Check: Did BlackRock Announce a Merger With Ripple?
The post Fact Check: Did BlackRock Announce a Merger With Ripple? appeared first on Coinpedia Fintech News
XRP is now larger than some of the biggest companies in the world, in the meantime, while XRP is making waves in the crypto domain a news viral news is circulating in the XRP Community that BlackRock will merge with Ripple, suggesting these two financial giants are about to combine forces.
But how much truth is there behind this viral claim?
Where Did This Claim Originate?
The speculation started when Atlas , a known crypto and on-chain analyst on X, posted a thread noting that BlackRock and Ripple “will merge,” describing it as a natural alignment between both companies’ goals, structures, and financial strategies.
Atlas claimed to have reviewed “leaked documents” showing overlaps and shared objectives.
But, is there any proof or source proving this claim?
Fact Check: What Do the Facts Show?
No Official Announcement or Confirmation
As of now, there is no official announcement from BlackRock or Ripple regarding a merger, partnership, or acquisition. Neither company has issued a press release or statement supporting the rumor.
Leading crypto news outlets and mainstream business media have also not reported any deal between the two firms.
No Proof for Leak Document
However, Atlas claimed he looked at leaked documents, but he did not share any source in his tweet.
While some theories suggest Ripple and BlackRock could be working on similar systems or share the same goals, these ideas remain speculative and are not confirmed facts.
Strategic Hiring, Not a Merger
Recent developments show Ripple hiring executives with backgrounds in major financial institutions, including BlackRock. While, hiring executives and aligning strategies do not amount to a corporate merger.
BlackRock Will Go For XRP ETF Soon
Ripple has dropped its cross-appeal , and many expect the SEC to do the same soon. Ripple’s CEO, Brad Garlinghouse, hinted that now, just like Bitcoin and Ethereum, XRP has a clear path for an ETF.
Before this, legal troubles were the biggest block for an XRP ETF in the US. With that out of the way, experts like Nate Geraci say BlackRock could be next to file.
Garlinghouse didn’t say there’s an official deal with BlackRock yet, but the door is open.
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 published |
Recent executive changes hint merger | Hires from BlackRock, but no sign of merger talks |
BlackRock confirmed to file for XRP ETF | No filing yet, but the firm is now able to consider it openly |
Conclusion
Claim | BlackRock will merge with Ripple. |
Verdict |
|
Fact-Check by Coinpedia | There is no official evidence or confirmation supporting claims that BlackRock and Ripple are merging. The rumor is based on unverified tweets and ongoing community speculation. While both companies are actively involved in financial innovation, all available facts show no current plan or move toward a merger. |
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