In a notable event, Ripple CEO Brad Garlinghouse and CCO Stuart Alderotti met with US President-elect Donald Trump at an exclusive dinner at Mar-a-Lago in Florida 🏖️. While details of the meeting were kept under wraps, Garlinghouse described the meeting as a “powerful start to 2025” 🔥 in a post on X on January 8 📱.
In the same context, Garlinghouse revealed a significant increase in Ripple's business activity in the United States 🏙️ during the last weeks of 2024, as the company concluded business deals that exceeded the total deals it concluded in the previous six months combined 💼. He also noted that 75% of the company's vacancies are now located in the United States 🇺🇸, reflecting a strategic shift after years of focusing on global expansion 🌍.
As for Trump, his approach to the cryptocurrency sector shows a significant shift in his stance towards the field 🪙. He was known to be a Bitcoin skeptic 🧐, but now he has shown support for initiatives like a national Bitcoin reserve 💰. Recent meetings at Mar-a-Lago with prominent crypto figures 🌐 such as Crypto.com CEO Kris Marszalek and a phone call with Coinbase CEO Brian Armstrong 📞 indicate a clear intention to integrate crypto into the economic agenda of the future Trump administration.
Trump’s cabinet appointments also reveal strong support for cryptocurrencies 💡. His administration is expected to include cryptocurrency proponents like Elon Musk 🚀, Howard Lutnick 🌟, and David Sachs 📈, paving the way for new policies focused on cryptocurrencies and artificial intelligence 🤖.
