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Ripple bags Nevada license through Fortress Trust acquisition

Ripple has acquired Fortress Trust, a financial institution that provides licensed Web3 financial, regulatory and technology infrastructure for blockchain outfits.

Ripple Expands With Fortress Trust Acquisition

Ripple Expands With Fortress Trust Acquisition
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Ripple acquires Fortress Trust, expands license portfolio in the US

Ripple announced the acquisition of Fortress Trust on Sept. 8, expanding its license portfolio in the United States.

Ripple acquires Fortress Trust, its second acquisition in 2023 after buying Metaco for $250 million

The acquisition adds further wind beneath Rippleā€™s wings after its partial win against the SEC in July.

Leading Enterprise Crypto Company Ripple Acquires Fortress Trust

SAN FRANCISCO & LAS VEGAS, September 08, 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. Fortress Trust is a financial institution that provides licensed Web3 financial, regulatory and technology infrastructure for blockchain innovators.

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