Gate News reports that on March 28, Ripple CEO Brad Garlinghouse stated that the company expects to achieve record first-quarter results driven by acquisitions. He revealed that Ripple has invested approximately $4 billion into the crypto ecosystem, which includes the $1.25 billion acquisition of Hidden Road, as well as the approximately $1 billion acquisition of GTreasury. Brad Garlinghouse also pointed out that the progress of digital asset legislation in the U.S. is slower than expected, with the CLARITY Act, originally planned to be implemented in April, possibly delayed until May, and called for avoiding excessive politicization of regulation impacting industry development.
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