Ripple CEO Garlinghouse touts ‘record’ Q1, cautions against policy weaponization derailing progress
Ripple CEO Brad Garlinghouse reported a record Q1 driven by acquisitions but warned against regulatory policy weaponization potentially delaying crypto legislation.Summary
Ripple Labs CEO Brad Garlinghouse stated the company is set for a "record quarter" following significant investments and acquisitions in 2025, totaling approximately $4 billion, including the purchases of Hidden Road and GTreasury. Beyond business growth, Garlinghouse focused on the evolving U.S. regulatory landscape, expressing optimism for the CLARITY Act, which aims to establish a digital asset framework. However, he cautioned against the potential for policymakers to "weaponize policy" for political reasons rather than national benefit, citing concerns similar to a "Gary Gensler moment." He noted that legislative progress on the CLARITY Act has slowed due to disagreements, pushing his expected finalization timeline from the end of April to the end of May, acknowledging that watching the legislative process has not been pretty.
(Source：The Block)