$XRP Just Got Serious — Ripple’s Hidden Road Acquisition Changes the Game

Ripple has finalized its acquisition of Hidden Road, one of the fastest-growing non-bank prime brokers globally. The firm has been rebranded as Ripple Prime, offering institutional clients advanced access to FX, digital assets, derivatives, swaps, and fixed income products.

With this move, Ripple becomes the first crypto company to own and operate a global multi-asset prime broker. Since the announcement, Ripple Prime’s business has already tripled in size, with further growth expected.

Ripple Prime is built on Ripple’s core infrastructure — payments, custody, and the RLUSD stablecoin, all integrated with XRP. RLUSD is now being used as collateral for prime brokerage products, and several derivatives clients are holding balances in it. The stablecoin, backed by BNY Mellon as reserve custodian, recently earned an ‘A’ rating from Bluechip for stability, governance, and asset quality.

This acquisition marks Ripple’s full-scale expansion into institutional finance, extending far beyond payments. By controlling the infrastructure that moves global liquidity, Ripple positions XRP and RLUSD at the center of the next wave of institutional crypto adoption.

Source: Ripple Official Website