Ripple Labs Interested in Purchasing Celsius Assets? What You Need to Know

Is Ripple Labs, the blockchain payments company behind XRP, potentially expanding its reach? Recent reports suggest that Ripple Labs is interested in purchasing Celsius Network’s assets. Celsius Network, the insolvent crypto lending company, recently filed for bankruptcy, and Ripple Labs has reportedly expressed interest in acquiring some of its holdings. This news, first reported by Reuters on August 11, 2025, has sent ripples (no pun intended!) through the crypto community.

Ripple's Interest Confirmed

According to a Ripple Labs spokesperson, the San Francisco-based blockchain payments company, Ripple Labs Inc, is exploring the possibility of purchasing these assets. This comes as Ripple Labs continues its high-profile battle with the U.S. securities regulator. The spokesperson indicated to Reuters that Ripple Labs could be interested in buying the assets of embattled crypto lender Celsius Network.

Why Celsius Assets?

The specific assets that Ripple Labs might be targeting remain unclear. However, the potential acquisition highlights Ripple's continued expansion within the cryptocurrency space. The news agency reported on August 10, 2025 that Ripple Labs has shared its interest in purchasing the assets of Celsius Network. Given the complexities surrounding Celsius’s bankruptcy, any potential deal is likely to be intricate and subject to significant scrutiny.

What's Next for Ripple and Celsius?

The situation is rapidly evolving. Keep checking back for updates as more information becomes available about Ripple Labs’ potential purchase of Celsius’ assets. As of August 11, 2025, the report that Ripple Labs is looking to purchase the assets of bankrupt crypto lending firm Celsius, as stated by Ripple Labsthe blockchain payments company behind XRP, remains a developing story.