๐จ๐ฝ๐ต๐ผ๐น๐ฑ ๐บ๐ฎ๐ ๐ด๐ฒ๐ ๐ฏ๐ผ๐๐ด๐ต๐ ๐ฏ๐ ๐ฎ ๐ฐ๐ฟ๐๐ฝ๐๐ผ ๐ด๐ถ๐ฎ๐ป๐ ๐ฃ๐ฎ๐๐ฃ๐ฎ๐น, ๐ฅ๐ถ๐ฝ๐ฝ๐น๐ฒ, ๐ผ๐ฟ ๐ฒ๐๐ฒ๐ป ๐๐ถ๐ป๐ฎ๐ป๐ฐ๐ฒ?
๐จ Pro-XRP lawyer John Deaton has stirred conversation by suggesting that Uphold, the crypto platform known for its strong XRP support, could be acquired by a major company.
๐งพ ๐ช๐ต๐ฎ๐ ๐บ๐ฎ๐ธ๐ฒ๐ ๐จ๐ฝ๐ต๐ผ๐น๐ฑ ๐๐ผ ๐ฎ๐๐๐ฟ๐ฎ๐ฐ๐๐ถ๐๐ฒ?
๐ช XRP dominates its balance sheet: Uphold holds $4.54B worth of XRP, which is 69% of its total reserves.
๐ Over 26 million XRP transactions have been processed through Uphold.
๐ Just this week, Uphold added USDC on the XRP Ledger, showing itโs still building on XRPโs ecosystem.
โ Runs on a fully backed model (100.6%), meaning all customer assets are 1:1 backed.
Uphold is not just XRP-friendly โ itโs XRP-centered.
๐ค WHO Could Buy Uphold?
Deaton believes major names might be interested, including:
Crypto companies: Binance, Coinbase, Kraken, Gemini, Ripple, Robinhood
Wall Street players: JPMorgan, Goldman Sachs, Fidelity, Citi, PayPal
Why? Because XRP infrastructure is heating up and institutional interest is growing.
๐ง What Could Block an acqusition?
The biggest roadblock? Uphold CEO Simon McLoughlin โ a known XRP maxi.
Heโs not just holding XRPโฆ he believes in the XRP ecosystem, and that could mean heโll only sell if the price is rightโreally right.
๐ Why This Matter
If a company like Ripple, PayPal, or Binance buys Uphold, it would instantly gain deep infrastructure built around XRP โ no need to start from scratch. Ripple already has history here, too โ it holds a stake in Bitstamp, which later merged with Robinhood.
๐ Bottom Line:
An Uphold acquisition may not be confirmed โ but its XRP dominance, user base, and infrastructure make it a prime target. And if the right buyer steps up, this could shake up the XRP ecosystem in a big way.