Acquiring Company
Ripple
Acquired Company
Fortress Trust
Description
Ripple, the leader in enterprise blockchain and crypto solutions, announced today it has agreed to acquire Fortress Trust, a subsidiary of Fortress Blockchain Technologies. Fortress Trust is a financial institution that provides licensed Web3 financial, regulatory and technology infrastructure for blockchain innovators.
Quick answer
Ripple is acquiring Fortress Trust, announced September 8, 2023. Ripple is based in San Francisco, California, United States.
- How much did Ripple pay for Fortress Trust?
- The deal value was not disclosed.
- What does Ripple do?
- Ripple is an enterprise crypto and blockchain company.
- Where are Ripple and Fortress Trust based?
- Ripple is based in San Francisco, California, United States.
- Who are the decision-makers at Ripple?
- Fundz holds 3 contacts at Ripple. Names and contact details are shown to Fundz members.
Source: Fundz verified event record.
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Who to call at Ripple, and when
When Ripple changes hands, the new owners review vendors, systems and leadership. That is when the door opens.
- An alert the day Ripple raises, hires an executive or expands, scored against what you sell
- The decision-makers there, with verified emails
- Who you already know at Ripple, from your own LinkedIn network
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Related People
Frequently asked
Who acquired Fortress Trust?
Fortress Trust was acquired by Ripple, based in San Francisco. The deal was reported on September 8, 2023. Ripple is an enterprise crypto and blockchain company. It builds crypto solutions that let financial institutions, businesses, governments and developers store, move and exchange value. Ripple is privately held and operates in Information Technology.
When did Ripple acquire Fortress Trust?
Ripple's acquisition of Fortress Trust was reported on September 8, 2023. Ripple, the leader in enterprise blockchain and crypto solutions, announced today it has agreed to acquire Fortress Trust, a subsidiary of Fortress Blockchain Technologies. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.
What does Fortress Trust do?
It is privately held, operating in Financial Services.
This company was part of an acquisition. Fundz tracks who bought whom, and who to call on both sides.
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