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Toronto’s Rail Acquired by Ripple in $200M Deal to Advance Stablecoin Payments

August 7, 2025 by Fintech Newsdesk Leave a Comment

Toronto-based fintech Rail (formerly known as Layer2 Financial) has been acquired by Ripple in a $275 million deal that will see the companies combine forces to deliver the most comprehensive stablecoin-powered payments platform on the market. [Read more…] about Toronto’s Rail Acquired by Ripple in $200M Deal to Advance Stablecoin Payments

Filed Under: News Tagged With: Rail, Ripple

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