Ripple to acquire Rail for $200m.

Ripple, enterprise blockchain and crypto solutions company, agreed to acquire Rail, a platform for global payments, for $200m. “Over the last four years, Rail built the fastest way to settle business payments internationally using stablecoins, and in 2025, Rail is forecasted to process over 10% of the $36B global B2B stablecoin payments. Ripple shares our vision, and together, we’re excited to bring our innovation to the millions of businesses that move money internationally,” Bhanu Kohli, Rail CEO.