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Ripple CEO hints at major revelations at DC Fintech Week and Swell event

EditorVenkatesh Jartarkar
Published 11/06/2023, 03:15 PM
© Reuters
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As the DC Fintech Week is set to kick off today, Ripple CEO Brad Garlinghouse has added to the anticipation, suggesting a lively "proverbial cage match" atmosphere. The event, organized by the Institute of International Economic Law, will run from today until November 8, taking place at Fannie Mae's Midtown Center and the International Spy Museum in Washington D.C., with an additional bootcamp at Georgetown University Law Center.

The forum is expected to explore a wide range of sectors including AI, payments, banking, and digital assets. It will gather a diverse audience to discuss significant fintech policies. Concurrently, Ripple's own Swell event is scheduled for November 8 and 9, sparking speculation about potential major announcements.

Ripple has been in the news recently due to its legal victories against the U.S. Securities and Exchange Commission and the establishment of new partnerships. These developments are expected to be highlighted during the Swell event. Additionally, there is growing speculation about a potential IPO announcement from Ripple.

In related news, XRP, the cryptocurrency associated with Ripple, has seen a significant increase in value. Over the past week, XRP's value has surged by 22%. This uptick in value coincides with Ripple's recent legal triumphs and the anticipation surrounding the upcoming DC Fintech Week and Swell event.

This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.

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