Ripple is in talks to lease around 90,000 square feet of office space in One Leadenhall, Brookfield’s new tower in the City of London, according to Bloomberg.
Ripple’s London Move Signals Growing Confidence in UK Digital-Finance Ambitions
21 October 2025 - 16:19 CEST
The landlord is reportedly seeking £140 per square foot, at the top end of the market, which would bring Ripple’s total annual rent to around £12.6mn ($16.8mn).
At 100 square feet per person, typical for an open-plan layout, the space could accommodate up to 900 staff, close to Ripple’s current global headcount across its 15 offices worldwide.
If finalized, the deal would mark one of the largest single crypto-related office commitments in Europe, and a symbolic vote of confidence in London, which has struggled to define its role in global digital finance.
Focus on Europe
Europe has long trailed the US in the digital-asset sector, though major firms are beginning to prioritize the European market.
Coinbase is registered with the UK’s Financial Conduct Authority as a Virtual Asset Service Provider, allowing it to offer retail, institutional and ecosystem products in Britain.
Kraken has established a flagship office on London’s Oxford Street, while US venture firm Andreessen Horowitz, a major investor in digital assets, moved its international base to London in 2023, citing the UK’s “right path to becoming a leader in crypto regulation”.
Elsewhere in Europe, Circle launched its euro-backed stablecoin, EURC, in 2022 and established its European headquarters in Paris the following year.
London's long game
Britain is progressing, albeit slowly, along its own path to crypto regulation, with a distinct emphasis on wholesale and institutional markets. The government’s strategy emphasizes credibility and supervision over speed, aiming to build a framework that can scale sustainably over time.
Ripple’s potential commitment to a high-profile City office suggests confidence that London’s digital-finance ecosystem is maturing.
The question is whether this wave of relocation and registration will be enough to cement London's status against rivals like Paris, Dubai and Singapore, all vying to become the regulatory and cultural capital of the digital-asset economy.
