Fact Check: Did BlackRock Announce a Merger With Ripple?
8 min read
The post Fact Check: Did BlackRock Announce a Merger With Ripple? appeared first on Coinpedia Fintech News XRP is now larger than some of the biggest companies in the world, in the meantime, while XRP is making waves in the crypto domain a news viral news is circulating in the XRP Community that BlackRock will merge with Ripple, suggesting these two financial giants are about to combine forces. But how much truth is there behind this viral claim? Where Did This Claim Originate? The speculation started when Atlas , a known crypto and on-chain analyst on X, posted a thread noting that BlackRock and Ripple “will merge,” describing it as a natural alignment between both companies’ goals, structures, and financial strategies. Atlas claimed to have reviewed “leaked documents” showing overlaps and shared objectives. But, is there any proof or source proving this claim? Fact Check: What Do the Facts Show? No Official Announcement or Confirmation As of now, there is no official announcement from BlackRock or Ripple regarding a merger, partnership, or acquisition. Neither company has issued a press release or statement supporting the rumor. Leading crypto news outlets and mainstream business media have also not reported any deal between the two firms. No Proof for Leak Document However, Atlas claimed he looked at leaked documents, but he did not share any source in his tweet. While some theories suggest Ripple and BlackRock could be working on similar systems or share the same goals, these ideas remain speculative and are not confirmed facts. Strategic Hiring, Not a Merger Recent developments show Ripple hiring executives with backgrounds in major financial institutions, including BlackRock. While, hiring executives and aligning strategies do not amount to a corporate merger. BlackRock Will Go For XRP ETF Soon Ripple has dropped its cross-appeal , and many expect the SEC to do the same soon. Ripple’s CEO, Brad Garlinghouse, hinted that now, just like Bitcoin and Ethereum, XRP has a clear path for an ETF. Before this, legal troubles were the biggest block for an XRP ETF in the US. With that out of the way, experts like Nate Geraci say BlackRock could be next to file. Garlinghouse didn’t say there’s an official deal with BlackRock yet, but the door is open. Key Evidence Table: Coinpedia’s Fact Check Claim Coinpedia’s Evidence BlackRock will merge with Ripple No official news, only social media speculation Leaked documents “reveal” alignment No verified sources or documents published Recent executive changes hint merger Hires from BlackRock, but no sign of merger talks BlackRock confirmed to file for XRP ETF No filing yet, but the firm is now able to consider it openly Conclusion Claim BlackRock will merge with Ripple. Verdict False Fact-Check by Coinpedia There is no official evidence or confirmation supporting claims that BlackRock and Ripple are merging. The rumor is based on unverified tweets and ongoing community speculation. While both companies are actively involved in financial innovation, all available facts show no current plan or move toward a merger. .article_register_shortcode { padding: 18px 24px; border-radius: 8px; display: flex; align-items: center; margin: 6px 0 22px; border: 1px solid #0052CC4D; background: linear-gradient(90deg, rgba(255, 255, 255, 0.1) 0%, rgba(0, 82, 204, 0.1) 100%); } .article_register_shortcode .media-body h5 { color: #000000; font-weight: 600; font-size: 20px; line-height: 22px; text-align:left; } .article_register_shortcode .media-body h5 span { color: #0052CC; } .article_register_shortcode .media-body p { font-weight: 400; font-size: 14px; line-height: 22px; color: #171717B2; margin-top: 4px; text-align:left; } .article_register_shortcode .media-body{ padding-right: 14px; } .article_register_shortcode .media-button a { float: right; } .article_register_shortcode .primary-button img{ vertical-align: middle; width: 20px; margin: 0; display: inline-block; } @media (min-width: 581px) and (max-width: 991px) { .article_register_shortcode .media-body p { margin-bottom: 0; } } @media (max-width: 580px) { .article_register_shortcode { display: block; padding: 20px; } .article_register_shortcode img { max-width: 50px; } .article_register_shortcode .media-body h5 { font-size: 16px; } .article_register_shortcode .media-body { margin-left: 0px; } .article_register_shortcode .media-body p { font-size: 13px; line-height: 20px; margin-top: 6px; margin-bottom: 14px; } .article_register_shortcode .media-button a { float: unset; } .article_register_shortcode .secondary-button { margin-bottom: 0; } } Never Miss a Beat in the Crypto World! Stay ahead with breaking news, expert analysis, and real-time updates on the latest trends in Bitcoin, altcoins, DeFi, NFTs, and more. .subscription-options li { display: none; } .research-report-subscribe{ background-color: #0052CC; padding: 12px 20px; border-radius: 8px; color: #fff; font-weight: 500; font-size: 14px; width: 96%; } .research-report-subscribe img{ vertical-align: sub; margin-right: 2px; } Subscribe to News var templateIds = “6”; var listOfSubscribed = []; function subscribed_popupmodal(template_id) { var templateId = ‘6’; getAllSubscriberCategoryList([templateId]); var subcribemodal = window.parent.document.getElementById(‘subscribe-modal-design’); if (subcribemodal) { var modalContent = ` Never Miss a Beat in the Crypto World! Stay informed and gain the edge you need to navigate the crypto world. Select your subscription now Daily Get real-time crypto news, market insights, and blockchain updates. Weekly Stay updated with major trends, funding news, and price analysis. Monthly Receive a detailed report with market analysis and expert predictions. Subscribe Now `; subcribemodal.innerHTML = modalContent; } subscribe_unsubscribe_status(template_id); //getAllSubscriberCategoryList(template_id); } function toggleSubscription(subscription, template_id) { var subscriptionCheckbox = document.getElementById(subscription + ‘_’ + template_id); var li = document.getElementById(subscription + ‘Selected_’ + template_id); if (subscriptionCheckbox.checked) { li.classList.add(‘active’); } else { li.classList.remove(‘active’); } } function getAllSubscriberCategoryList(getcategoryId) { jQuery.ajax({ url: ‘https://coinpedia.org/wp-admin/admin-ajax.php’, type: ‘GET’, data: { action: ‘subscribe_api_ajax_request’, apiurl: ‘/app/email_newsletter/list’, }, success: function(response) { var result = JSON.parse(response.message); if (result.status === true) { var idstosubscribed = [] // Populate listOfSubscribed with subscribed category IDs result.message.forEach(listofcategory => { if (listofcategory.subscribe_status === 1) { if (!listOfSubscribed.includes(listofcategory._id)) { listOfSubscribed.push(listofcategory._id); } if (!idstosubscribed.includes(listofcategory.news_cp_category_row_id)) { idstosubscribed.push(listofcategory.news_cp_category_row_id); } } }); idstosubscribed.forEach(id => { var subscribeButton = document.getElementById(‘subscribe_’ + id); var unsubscribeButton = document.getElementById(‘unsubscribe_’ + id); if (subscribeButton && unsubscribeButton) { subscribeButton.style.display = ‘none’; unsubscribeButton.style.display = ‘block’; var showDownloadReport = document.getElementById(‘download_report’); if (showDownloadReport) { showDownloadReport.style.display = ‘block’; } } }); } }, error: function(xhr, status, error) { console.error(‘Error:’, error); } }); } function subscribe_unsubscribe_status(getcategoryId) { var elementTounsubscribe = parent.document.getElementById(‘unsubscribe_’ + getcategoryId); var elementTosubscribe = parent.document.getElementById(‘subscribe_’ + getcategoryId); jQuery.ajax({ url: ‘https://coinpedia.org/wp-admin/admin-ajax.php’, type: ‘POST’, data: { action: ‘subscribe_api_ajax_request’, apiurl: ‘/app/email_newsletter/list?category_row_id=’ + getcategoryId, }, success: function(response) { var result = JSON.parse(response.message); if (result.status === true) { parent.jQuery(‘.skeliton-loader-block’).hide(); var hasSubscribeStatusOne = false; result.message.forEach(subscribeStatus => { if (listOfSubscribed.includes(subscribeStatus._id) && subscribeStatus.subscribe_status === 1) { hasSubscribeStatusOne = true; } if (subscribeStatus.notification_type === 3) { parent.document.getElementById(‘monthlySelected_’ + getcategoryId).style.display = ‘block’; parent.document.getElementById(‘monthly_’ + getcategoryId).setAttribute(‘data-id’, subscribeStatus._id); if (subscribeStatus.subscribe_status === 1) { parent.document.getElementById(‘monthly_’ + getcategoryId).checked = true; } } else if (subscribeStatus.notification_type === 2) { parent.document.getElementById(‘weeklySelected_’ + getcategoryId).style.display = ‘block’; parent.document.getElementById(‘weekly_’ + getcategoryId).setAttribute(‘data-id’, subscribeStatus._id); if (subscribeStatus.subscribe_status === 1) { parent.document.getElementById(‘weekly_’ + getcategoryId).checked = true; } } else if (subscribeStatus.notification_type === 1) { parent.document.getElementById(‘dailySelected_’ + getcategoryId).style.display = ‘block’; parent.document.getElementById(‘daily_’ + getcategoryId).setAttribute(‘data-id’, subscribeStatus._id); if (subscribeStatus.subscribe_status === 1) { parent.document.getElementById(‘daily_’ + getcategoryId).checked = true; } } if (subscribeStatus.subscribe_status === 1) { listOfSubscribed.push(subscribeStatus._id); } }); if (hasSubscribeStatusOne) { elementTosubscribe.style.display = ‘none’; elementTounsubscribe.style.display = ‘block’; } else { elementTosubscribe.style.display = ‘block’; elementTounsubscribe.style.display = ‘none’; } } }, error: function(xhr, status, error) { console.error(‘Error:’, error); } }); } function logSelectedSubscriptions(categoryid) { var unsubscribemodal = document.querySelector(‘.unsubscribed-popup-modal .modal’); var subscribedmodal = document.querySelector(‘.subscribed-popup-modal .modal’); unsubscribemodal.innerHTML=”; subscribedmodal.innerHTML=”; var selectedSubscriptions = []; var storeCheckedId = []; var checkboxes = document.querySelectorAll(‘#subscription-options-‘ + categoryid + ‘ input[type=”checkbox”]’); var errorMessage = document.getElementById(‘error-message-select’); // Use a Set to handle unique data-ids var uniqueSubscribedIds = new Set(listOfSubscribed); checkboxes.forEach(function(checkbox) { var dataId = parseInt(checkbox.getAttribute(‘data-id’)); if (checkbox.checked) { selectedSubscriptions.push(checkbox.id); storeCheckedId.push(dataId); } else { uniqueSubscribedIds.delete(dataId); // Remove unchecked data-id } }); // Update listOfSubscribed with unique values listOfSubscribed = Array.from(uniqueSubscribedIds); var selectedSubscriptionsString = selectedSubscriptions.join(‘, ‘); var concatinateSubscribeId = […new Set(storeCheckedId.concat(listOfSubscribed))]; var categoryData = { ‘subscribed_categories’: concatinateSubscribeId }; var requestSubscriberData = { action: ‘handle_dynamic_api_request_with_headers’, security: ‘4a3cdf70d7’, endpoint: ‘/app/email_newsletter/update_categories’, token: ”, data: categoryData }; jQuery.ajax({ url: ‘https://coinpedia.org/wp-admin/admin-ajax.php’, type: ‘POST’, data: requestSubscriberData, beforeSend: function(xhr) { xhr.setRequestHeader(‘X-Requested-With’, ‘XMLHttpRequest’); }, success: function(response) { try { response = response.data; if (storeCheckedId.length === 0) { var unsubcribedPopUpmodal = ` You’ve Unsubscribed Successfully We’re sorry to see you go! Your subscription has been canceled. If you change your mind, you can re-subscribe anytime. Thank you for being part of our community! `; unsubscribemodal.innerHTML = unsubcribedPopUpmodal; document.querySelector(‘#subscribe-modal-design .modal’).style.display = ‘none’; unsubscribemodal.style.display = ‘block’; unsubscribemodal.classList.remove(‘hide’); unsubscribemodal.classList.add(‘show’); document.getElementById(‘subscribe_’ + categoryid).style.display = ‘block’; document.getElementById(‘unsubscribe_’ + categoryid).style.display = ‘none’; var showDownloadReport = document.getElementById(‘download_report’); if (showDownloadReport) { showDownloadReport.style.display = ‘none’; } } else { var subscribedPopupModal = ` Thank you for subscribing! Thank you for subscribing to our crypto and blockchain newsletter! You’ll now receive the latest news, insights, and updates straight to your inbox. Welcome to our community! `; let selectedSubscriptionsArray = selectedSubscriptionsString.split(‘,’); let subscribedCategories = selectedSubscriptionsArray.map(subscription => subscription.split(‘_’)[0]); let subscribedCategoriesString = subscribedCategories.join(‘, ‘); subscribedmodal.innerHTML = subscribedPopupModal; if (document.getElementById(‘selectidname’)) { document.getElementById(‘selectidname’).textContent = subscribedCategoriesString; } document.querySelector(‘#subscribe-modal-design .modal’).style.display = ‘none’; subscribedmodal.style.display = ‘block’; subscribedmodal.classList.remove(‘hide’); subscribedmodal.classList.add(‘show’); document.getElementById(‘subscribe_’ + categoryid).style.display = ‘none’; document.getElementById(‘unsubscribe_’ + categoryid).style.display = ‘block’; var showDownloadReport = document.getElementById(‘download_report’); if (showDownloadReport) { showDownloadReport.style.display = ‘block’; } } } catch (e) { console.error(‘Error parsing response:’, e); } }, }); } function closeModal(template_id) { var modalId = template_id; var modal = document.querySelector(‘#’ + modalId); // Using querySelector to find the modal if (modal) { modal.classList.add(‘hide’); modal.classList.remove(‘show’); setTimeout(function() { modal.style.display = ‘none’; }, 500); } else { console.warn(‘Modal not found:’, modalId); } } function closeunsubscribemodal() { var unsubscribemodal = document.querySelector(‘.unsubscribed-popup-modal .modal’); if (unsubscribemodal) { unsubscribemodal.classList.add(‘hide’); unsubscribemodal.classList.remove(‘show’); } setTimeout(function() { unsubscribemodal.style.display = ‘none’; }, 500); } function closesubscribemodal() { var subscribedmodal = document.querySelector(‘.subscribed-popup-modal .modal’); setTimeout(function() { subscribedmodal.style.display = ‘none’; }, 500); if (subscribedmodal) { subscribedmodal.classList.add(‘hide’); subscribedmodal.classList.remove(‘show’); } } function withoutLoginClicked(withoutlogin_id) { localStorage.setItem(‘subscribe_without_Login’, ‘true’); localStorage.setItem(‘subscribe_clicked_id’, withoutlogin_id); } document.addEventListener(‘DOMContentLoaded’, function() { const subscribewithoutData = localStorage.getItem(‘subscribe_without_Login’); const subscribe_clicked_cat_id = localStorage.getItem(‘subscribe_clicked_id’); // Function to get cookies function getCookie(name) { let value = “; ” + document.cookie; let parts = value.split(“; ” + name + “=”); if (parts.length == 2) return parts.pop().split(“;”).shift(); } // Get user token from cookies const userToken = getCookie(‘user_token’); if (subscribewithoutData === ‘true’ && userToken) { // Call the modal function with the category ID subscribed_popupmodal(subscribe_clicked_cat_id); // Remove the flag and category ID from localStorage localStorage.removeItem(‘subscribe_without_Login’); localStorage.removeItem(‘subscribe_clicked_id’); } }); /************************** update susbcriber content **************************** */ function initializeSubscriptionButton() { var initialListItems = document.querySelectorAll(‘.subscription-options input[type=”checkbox”]’); initialListItems.forEach(function(item) { console.log(item.checked, ‘Initial Checkbox checked status’); }); var listItems = document.querySelectorAll(‘.subscription-options li’); if (listItems.length === 0) return; var anyActive = false; listItems.forEach(function(item) { var checkbox = item.querySelector(‘input[type=”checkbox”]’); if (checkbox) { if (checkbox.checked) { item.classList.add(‘active’); anyActive = true; // Set anyActive to true } else { item.classList.remove(‘active’); // Remove ‘active’ class if checkbox is unchecked } } }); } function updateButtonText(anyActive) { var subscribeButtonSpan = document.querySelector(‘.subscribe-submit .changeBtnText’); if (subscribeButtonSpan) { if (anyActive) { subscribeButtonSpan.textContent = ‘Subscribe Now’; } else { subscribeButtonSpan.textContent = ‘Unsubscribe’; } } } function updateSubscriptionButton() { var listItems = document.querySelectorAll(‘.subscription-options li’); if (listItems.length === 0) return; var anyActive = false; listItems.forEach(function(item) { var checkbox = item.querySelector(‘input[type=”checkbox”]’); if (checkbox) { if (checkbox.checked) { item.classList.add(‘active’); anyActive = true; // Set anyActive to true } else { item.classList.remove(‘active’); // Remove ‘active’ class if checkbox is unchecked } } }); // Update the button text based on whether any list item has the ‘active’ class updateButtonText(anyActive); } document.addEventListener(‘click’, function(event) { var clickedItem = event.target.closest(‘.subscription-options li’); if (clickedItem) { var checkbox = clickedItem.querySelector(‘input[type=”checkbox”]’); if (checkbox) { checkbox.checked = !checkbox.checked; updateSubscriptionButton(); } } });

Source: coinpedia