CEO Brad Garlinghouse: After Trump's victory, Ripple signed more US deals than before

• Compared to the past four years, 75 % of the positions at Ripple have now settled in the USA
• The "Trump effect" is already making crypto great again, said Garlinghouse

Brad Garlinghouse, CEO von Ripple, said Ripple Labs had signed more US deals in the last six weeks of 2024 than in the six months earlier before the US election.

In a post on X The factor represents that have a positive effect on the company.

"The year 2025 is there and the Trump bull market is real," wrote Garlinghouse. "In the last six weeks of 2024 (since the election) we have signed more US deals than in the six months before," added that "75 % of Ripple's vacancies are now in the United States, while the vast majority in the past four years." The new settings were made outside of the USA. “

The year 2025 is there and the Trump bull market is real. For Ripple, this is even more personal after Genslers SEC has frozen our business opportunities here at home for years. The optimism is obvious and very justified.

Today:
✅75 % of the open spots at Ripple are now in the USA, during ...

- Brad Garlinghouse (@bgarlinghouse) 5. January 2025

"Team Trump boosts innovations and employment in the USA with Scott Bessent, David Sacks, Paul Atkins and others at the top, and they are not even in office," said Garlinghouse. "Say what you want, but the" Trump effect "is already making crypto great again."

According to data from CoinmarketCap, XRP has increased by more than 300 % since Trump's election victory. At the time of publication, XRP is traded at around $ 2.40, which corresponds to an increase of 1.92 % in the last 24 hours.

ripple vs. sec

for Garlinghouse is the Trump effect on the cryptom market of personal nature after the US stock exchange supervision SEC (Securities and Exchange Commission) from Gary Gensler prevented business opportunities for Ripple in America.

In 2020, the SEC Ripple, Christian Larsen, the co-founder and former CEO of the company, and then Garlinghouse They claimed 1.3 billion Collected US dollars by selling XRP, a non-registered securities offering, according to the supervisory authority.

In 2023, judge Analisa Torres found that XRP was not a security when it came to selling the public, his employees and developers, which was a big victory against the Sec. In direct sales to institutional investors, however, Torres found that these sales were securities. As a result, Ripple was sentenced to pay $ 125 million for violating securities laws.

In October, Ripple submitted a connection complaint against the SEC, with which she contested the judgment to pay the fine.