Ripple news: XRP-linked firm to acquire Australian financial services license
Ripple plans to acquire BC Payments Australia to obtain an Australian Financial Services License, expanding its reach in the APAC region.Summary
Ripple announced its intention to acquire BC Payments Australia Pty Ltd to secure an Australian Financial Services License (AFSL). This acquisition, pending completion, will enable Ripple to offer its complete payments suite in Australia, including onboarding, compliance, and foreign exchange services. The move is driven by significant growth in Ripple’s APAC payments volume, which nearly doubled year-on-year in 2025, and supports the company’s broader strategy of expanding its regulated footprint to over 75 licenses globally. Ripple is also involved in Project Acacia, a digital asset infrastructure initiative led by the Reserve Bank of Australia. The acquisition of a company already holding an AFSL provides a faster route to market compared to direct application.
(Source：CoinDesk)