News Explorer — Ripple to Acquire Crypto Custodian Fortress Trust

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Sep 9, 5:01 pm

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Ripple to Acquire Crypto Custodian Fortress Trust

Ripple has announced its intention to acquire Fortress Trust, a web3-focused financial and technology infrastructure provider. The acquisition will allow Ripple to accelerate its business and strengthen its position in the crypto infrastructure space. This comes after Ripple's previous investment in Fortress as a minority shareholder and its recent acquisition of Swiss tokenization firm Metaco.

Ripple has announced its intention to acquire Fortress Trust, a web3-focused financial and technology infrastructure provider. The acquisition will allow Ripple to accelerate its business and strengthen its position in the crypto infrastructure space. This comes after Ripple's previous investment in Fortress as a minority shareholder and its recent acquisition of Swiss tokenization firm Metaco.

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