Recently, David Schwartz, the Chief Technology Officer of Ripple, revealed a series of strategic initiatives that the company is actively promoting. It is reported that Ripple is seeking acquisition opportunities at multiple stages of development, covering a wide range from startups to mature enterprises.

Schwartz pointed out that the current interest of traditional financial institutions in acquisitions within the cryptocurrency sector is relatively low, which provides Ripple with a rare strategic acquisition opportunity. The company is actively positioning itself in the market to expand its influence in the crypto ecosystem.

Meanwhile, Ripple's technical team is also upgrading the XRP Ledger blockchain. The new version will focus on enhancing its 'programmability' and plans to launch a lending protocol. However, Schwartz emphasizes that despite these upgrades, the XRP Ledger will still maintain its core focus on payments, which is key to its distinction from general-purpose blockchains like Ethereum.

It is worth noting that Ripple has completed several significant acquisitions this year. In April, the company acquired the brokerage Hidden Road for $1.25 billion. Prior to this, Ripple also acquired the custody firm Metaco for $250 million and brought Standard Custody under its umbrella.

This series of actions indicates that Ripple is strengthening its position in the cryptocurrency and blockchain space through a diversification strategy. While maintaining its technological advantages, the company is also actively expanding its business scope to pave the way for future development.