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Ripple’s $1.25B Move Changes Everything – Here’s Why

9d ago
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The crypto and finance world was surprised today after Ripple confirmed the acquisition of prime brokerage firm Hidden Road for $1.25 billion. The deal immediately stirred attention across traditional markets and the digital asset space.

Ripple takes its place as the first company built on crypto technology to establish complete control of worldwide prime brokerage services. The acquisition establishes a new system that alters how institutional investors access financial market capital movements.

According to Ripple CEO Brad Garlinghouse, the move is one of the largest in the crypto industry’s history. According to him, the deal represents an exceptional chance to merge traditional financial companies with crypto operations through his statement on X.

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Hidden Road has been serving Ripple as a client since it processed over $3 trillion worth of transactions each year throughout worldwide markets. The institution provides financial services to over 300 institutional clients from the Wall Street and cryptocurrency sectors.

Ripple will use this strategic move to achieve enhanced payment solution performance through increased scale and efficiency. It will also allow Ripple to offer large institutions deeper liquidity and advanced financing options.

XRP Ledger and RLUSD to Power New Brokerage Era

Ripple plans to integrate the XRP Ledger (XRPL) into Hidden Road’s post-trade clearing operations. This will bring faster settlement times and reduce reliance on traditional fiat systems.

The transformation towards blockchain adoption relies heavily on RLUSD which Ripple produces. The stablecoin serves as collateral to enable trading between cryptocurrency and traditional assets marking its position as the first stablecoin for multi-asset margining capabilities.

Hidden Road clients can use Ripple’s secure digital asset custody solutions through this partnership. The secure digital asset storage solutions fulfill bank-standard protocols, which build additional confidence when institutions manage digital assets.

Garlinghouse indicated that XRPL clearing operations would slash settlement times while diminishing expenses. The blockchain’s adoption for institutional finance becomes more pronounced through instantaneous trade settlement with trades concluding under 24 hours.

The cross-border payments service operated by Ripple is undergoing significant planned enhancements. The capital investment and updated infrastructure will improve processes while extending the network globally for operations.

Conclusion

Ripple’s $1.25 billion acquisition of Hidden Road is more than just a deal, it is a strategic play that could redefine capital flows between crypto and traditional finance. As Ripple takes control of key financial infrastructure, the industry watches closely to see how this bold move reshapes global markets.

Also Read: Pakistan Taps CZ to Lead Bold Crypto Revolution

Disclaimer: This content is a press release and is intended for informational purposes only. It was not written by 36crypto, does not reflect the views of 36crypto and is not a financial advice. Please do your research before engaging with the products.

The post Ripple’s $1.25B Move Changes Everything – Here’s Why appeared first on 36Crypto.

9d ago
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