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CoinDesk Podcast Network

Brad Garlinghouse on Ripple's $40B Valuation & "Imminent" XRP ETF

CoinDesk Podcast Network

CoinDesk

Cryptocurrencies, Cryptocurrency, Dlt, Tokenization, Coindesk, Distributed Ledger, Blockchain, Tech News, Business News, Ethereum, Bitcoin, News, Digitalassets, Daily News, Decentralization, Defi, Crypto, Business

4.8689 Ratings

🗓️ 6 November 2025

⏱️ 13 minutes

🧾️ Download transcript

Summary

Ripple's future and the state of crypto with CEO Brad Garlinghouse. Ripple CEO Brad Garlinghouse joins CoinDesk's Jennifer Sanasie and Andy Baehr at Ripple Swell to discuss the firm's massive $500 million investment from financial leaders like Citadel and Fortress, signaling a major shift as traditional finance "leans in." He explains how recent US legislative clarity is fundamentally changing the regulatory conversation and easing the industry's years-long struggle. Plus, he details Ripple's growth strategy, including the acquisition of Ripple Prime, and offers his outlook on the future of crypto investing. - This episode was hosted by Jennifer Sanasie and Andy Baehr.

Transcript

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0:00.0

The president is on 60 minutes talking about crypto.

0:04.0

That alone, I would not have thought we would be here.

0:08.0

So, I mean, look, the journey that many of us have been on with the crypto industry has been

0:13.0

long.

0:14.0

It's had ups, it has had downs.

0:16.0

Certainly the SEC lawsuit that the SEC suing Ripple was a painful part of that chapter for Ripple.

0:21.3

And I really think for the industry because it's so important.

0:24.2

But we are, it is a much brighter day.

0:30.9

We are now joined by the man at the center of it all hosting the gathering of financial leaders here, Ripple CEO Brad Garlinghouse. Brad, how are you doing? I'm doing great. It's good to be here. Love having you guys here as well. Thank you. Well, thank you so much for having us here. We're at Ripple Swell. It is an invite-only event. Some of the top voices in Tradfai and Crypto here. For everyone who's watching at home, what do you hope they take away from this event?

0:58.0

And what do you hope attendees leave with from the event?

1:01.0

I think the number one thing is the momentum and kind of the shift of almost tone that's happened.

1:08.0

You know, the excitement around crypto has been here for a while, but I think

1:11.6

people still underestimate the consequence and the impact of the largest economy in the world,

1:16.8

22 percent of global GDP, has gone from being pretty anti-crypto, led by people like

1:23.8

Senator Warren. But now because of the change administration, because of the change of administration, because of the

1:29.6

passage of the Genius Act, the passage of the Clarity Act in the House, not yet the Senate,

1:34.0

it really, I think, changes the conversation significantly.

1:37.6

And institutions that were afraid that were on the sidelines are now starting to lean in.

1:43.6

This year feels like the fast money versus slow money year, right, where we had a lot of fast money momentum, to use your word in Q2 and Q3.

1:52.0

But the slow money has been consistently engaged. You've announced M&A activity.

1:58.0

You've had your evaluation event overnight, which we'd love to hear more about.

2:02.9

How do we make sure, I mean, to pile on to Jen's question, that that news about how significant

...

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