Ripple plans to make multiple acquisitions and conduct an "Ethereum-style upgrade" to the XRP Ledger blockchain

ChainCatcher news, according to DL News, Ripple's Chief Technology Officer David Schwartz stated that the company is actively seeking acquisition opportunities, with several potential acquisition targets at different stages. Ripple has already acquired the major brokerage Hidden Road for $1.25 billion this year and plans to use the new stablecoin RLUSD as collateral for Hidden Road's brokerage services.

In addition, Ripple is also working to enhance the flexibility or "programmability" of the XRP Ledger and is building a lending protocol scheduled to launch in the third quarter of this year, which will make the XRP Ledger more flexible, similar to the smart contract capabilities of Ethereum.