RUMORS:

META PLANS TO ACQUIRE RIPPLE FOR #XRP

DO YOU BELIEVE THIS COULD HAPPEN? https://t.co/ELNx6punav pic.twitter.com/0xeCp3L92G

— 𝓐𝓶𝓮𝓵𝓲𝓮 (@_Crypto_Barbie) May 15, 2025

Assessing the Credibility of the Rumor

As of now, there is no official confirmation or credible reports supporting the claim that Meta is in talks to acquire Ripple Labs. Neither company has released statements indicating such negotiations, and no filings or disclosures have been made to regulatory bodies that would typically oversee such significant corporate transactions. Given the absence of verifiable information, the rumor remains speculative. 

Ripple’s Strategic Position in the Crypto Ecosystem

Ripple Labs has established itself as a significant player in the blockchain and cryptocurrency sectors, particularly through its focus on facilitating cross-border payments using its digital asset, XRP. The company has been proactive in expanding its services and infrastructure to cater to institutional clients. 

In May 2023, Ripple acquired Metaco, a Swiss-based provider of digital asset custody and tokenization technology, for $250 million. This acquisition aimed to enhance Ripple’s enterprise offerings, allowing customers to custody, issue, and settle various tokenized assets.

Furthermore, Ripple has been involved in other strategic acquisitions to bolster its position in the crypto market. These moves indicate Ripple’s commitment to expanding its services and solidifying its role in the evolving digital finance ecosystem. 

Meta’s Foray into Digital Assets

Meta has shown interest in the digital asset space, most notably through its previous attempt to launch the Diem (formerly Libra) stablecoin project. Despite facing regulatory challenges that led to the project’s discontinuation, Meta’s involvement signaled its ambition to integrate digital financial services into its platforms. 

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While Meta has not publicly disclosed any renewed efforts to enter the cryptocurrency market, the company’s vast user base and technological infrastructure position it as a potential influencer in the digital finance sector. 

Potential Implications of a Meta-Ripple Merger

If the rumored acquisition were to materialize, it could have significant ramifications for the digital finance industry. Combining Meta’s extensive global reach with Ripple’s blockchain technology could accelerate the adoption of digital currencies and reshape the landscape of cross-border payments. 

However, such a merger would also face considerable regulatory scrutiny. Both companies have previously encountered challenges with financial regulators, and a consolidation of their operations would likely attract attention from authorities concerned with antitrust issues and financial stability. 

While the rumor of Meta acquiring Ripple for XRP has captured the imagination of many in the tech and crypto communities, it currently lacks substantiated evidence. Both companies have distinct trajectories and face unique challenges in the digital finance space. Until official statements or credible reports emerge, the speculation remains just that—a rumor. 

Stakeholders and observers are advised to approach such claims with caution and await concrete information before concluding the future of either company.

Disclaimer: This content is meant to inform and should not be considered financial advice. The views expressed in this article may include the author’s personal opinions and do not represent Times Tabloid’s opinion. Readers are urged to do in-depth research before making any investment decisions. Any action taken by the reader is strictly at their own risk. Times Tabloid is not responsible for any financial losses.

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The post Rumor: Meta Plans to Acquire Ripple for XRP  appeared first on Times Tabloid.

According to a tweet by Novi CEO, Stephane Kasriel, on 8th December, the pilot program is open to a limited number of people in the United States.

Read Also: What is Hoo doing when Facebook rebrands Meta

Through the partnership between Meta, WhatsApp’s parent company and Novi, users will be able to send and receive money through the widely used messaging app.

According to Kasriel, using Novi does not change the privacy of WhatsApp personal messages and calls.

Stephane Kasriel tweeted, “There’s a new way to try the Novi digital wallet. Starting today, a limited number of people in the US will be able to send and receive money using Novi on WhatsApp, making sending money to family and friends as easy as sending a message.”

There's a new way to try the @Novi digital wallet. Starting today, a limited number of people in the US will be able to send and receive money using Novi on @WhatsApp, making sending money to family and friends as easy as sending a message. pic.twitter.com/dGz3lejri7

— Stephane Kasriel (@skasriel) December 8, 2021

Read Also: Vitalik Buterin Outlines His Vision for a Plausible Roadmap for Ethereum 2.0

In the same thread of tweets, Novi CEO explained further as follows:

“Since we introduced the Novi pilot just six weeks ago, we’ve been able to test and learn which features and functionality are most important to people, and focus our efforts on making those even better.

“We often hear that people use WhatsApp to coordinate sending money to loved ones, and Novi enables people to do that securely, instantly and with no fees. Payments will appear directly in people’s chat.

“We’re still very early in the Novi pilot journey, so we made the decision to test this new entry point in one country to start and will look to extend it once we’ve heard from people what they think of this new experience.

“Using Novi doesn’t change the privacy of WhatsApp personal messages and calls, which are always end-to-end encrypted.”

Read Also: Former Goldman Sachs executive Raoul Pal Expects Ethereum (ETH) to hit $20,000 Latest March

Meta, formerly Facebook, has been working on the implementation of crypto transactions or payments on the messaging app for several months. This became a priority for the firm after suspending its initial plans for the launch of a digital currency known as Diem on regulatory concerns.

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The post WhatsApp Implements Cryptocurrency Transactions appeared first on Times Tabloid.

Meanwhile, cryptocurrency exchange Hoo is also preparing for the coming of the metaverse age. New initiatives are being made in the areas of a metaverse in terms of token listing, investment, and Hoo Smart Chain.

The metaverse has been a hot spot for technology companies and investors recently. In Zuckerberg’s presentation, he said that Facebook renames itself Meta to reflect the positioning of the company and the platform they want to build in the future. The current brand is too closely related to one product (the Facebook platform). But in the future, they want to be seen as a metaverse company.

Behind the rebrands of Facebook, it is not only the company’s ambition to face new trends, but also a reluctant move to cope with the crisis.

In recent years, Facebook’s negative news about antitrust, youth protection, data security, and privacy issues have continued to make the brand’s image in the public’s mind deteriorate. According to incomplete statistics, in 2021, Facebook received huge fines from the UK, the US, Russia, and other countries, with a cumulative amount of over $1.6 billion. In addition to the pressure and risks from the regulatory level, Facebook recently experienced a global downtime of up to 7 hours, which led to Facebook and its sub-application groups not being able to log in and use normally. Several unfavorable factors have already caused Facebook’s share price to take a big dive. Therefore, Facebook was surrounded by various negative news at this time and the existing brand image is hard to repair. In this case, renaming itself is a good choice to complete a strategic and brand upgrade and achieve rebranding.

In addition, Facebook’s revenue stream is relatively homogeneous. From the current revenue structure, it relies heavily on the advertising business which is also facing a latent crisis. Internally, Facebook’s daily users reached 1.93 billion in the third quarter of this year, up 6% from the previous one, but a serious slowdown compared to the 12.3% increase in the same period a year earlier. The same is true for its monthly active users, which also shows a serious decline in the growth rate. In terms of the external rival environment, Facebook faces competition with giants such as Google, Snap, YouTube, and Twitter, etc. On the advertising and video side, Facebook is facing pressure from Google and YouTube. And in the competition for young generation users, Snap has become Facebook’s biggest competitor. According to a survey of 10,000 U.S. teens released by Piper Sandler, Snap remains the favorite social media app for U.S. teens and is being used by 35 percent of respondents. Betting on the metaverse has become a way out for Facebook in such a context. There is no doubt that the metaverse has the potential to become the next frontier in social networking, where companies can attract users by creating new platforms.

As Zuckerberg described in his open letter: “We hope that in the next decade, the metaverse will reach a billion people, host hundreds of billions of dollars in digital commerce, and provide jobs for millions of creators and developers.” The future of the metaverse is vast. The movement of the technology giant Facebook also represents to a considerable extent the movement of the industry, and lots of major companies have begun their layout of the metaverse. HTC launched virtual idol Vee into real life to popularize the concept of metaverse; Epic games held online virtual concerts in their games; NVIDIA built an industrial-grade metaverse for factory production. As for the cryptocurrency exchanges, the innovator Hoo Exchange has also put a lot of attention on metaverse sectors. It not only strongly supports high-quality metaverse projects such as RACA and TCN but also made the metaverse track a key track for Hoo’s investment department. In addition, Hoo Smart Chain（HSC） will also make significant changes according to the metaverse, and the upgraded HSC will truly conform to the “decentralized” characteristics of the meta-universe and emerge in the metaverse world with its profound accumulation and diversified layout in technology, mechanism, gameplay, and ecology.

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