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Ripple CEO Sees 'Trump Bull Market' Boosting US Crypto Businesses

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CRYPTOCURRENCY,REGULATION,BUSINESS

Ripple CEO Brad Garlinghouse attributes the company's recent surge in US deals to the 'Trump bull market,' citing the post-election optimism surrounding Donald Trump's presidency. Garlinghouse highlights a shift in Ripple's hiring strategy, with 75% of open positions now based in the US, a stark contrast to the past four years when regulatory hurdles under the SEC led to international hiring. He expresses optimism about Ripple's future and its ability to capitalize on the 'Trump effect' in driving innovation and job growth within the US crypto sector.

As Donald Trump prepares to take office, many expect his presidency to drive growth in the crypto market. His commitments are already creating momentum for US-based crypto businesses. Ripple CEO Brad Garlinghouse, for one, announced that the company achieved significant progress in late 2024.

This is in stark change from the past four years when most hires were made internationally due to regulatory hurdles under Gary Gensler-led Securities and Exchange Commission , which reportedly froze Ripple’s “business opportunities” at home.

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