At the just-concluded Dubai Fintech Summit, Ripple CEO Brad Garlinghouse revealed that his firm is looking to expand its services beyond liquidity provision. A prominent XRP influencer, Eri, shared the speech clip with her Twitter followers.
In the clip, Garlinghouse emphasized that the firm started as an enterprise-based cross-border settlement service provider. But now, the San Fransisco-based fintech firm is looking to evolve beyond the walls of liquidity and payment services.
Ripple’s Expansion Plans
In addition, the Ripple chief noted that blockchain has four cardinal points, including liquidity, custody, compliance, and tokenization.
The CEO stressed that Ripple aspires to become more than a cross-border liquidity provider. According to Garlinghouse, Ripple is long overdue to expand to other blockchain areas.
The team isn’t just thinking but is also strategizing its plans to achieve this…