- Two top cryptocurrency companies Ripple and FTX, told CNBC that they're on the lookout for acquisitions as the industry hopes to drive growth through buying other firms.
- Brett Harrison, president of cryptocurrency exchange FTX U.S., said it will look for companies which will help them acquire more users or regulatory licenses.
- Meanwhile, Brad Garlinghouse, CEO of cross-border payments company Ripple, said the company has "a very strong balance sheet," predicting a rise in mergers and acquisitions in the crypto industry.
