Ripple has completed its $1.25 billion buy of Hidden Highway and rebranded the agency as Ripple Prime, firm leaders confirmed. In response to government remarks, the deal makes Ripple the primary crypto firm to personal and run a world, multi-asset prime dealer.
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Ripple President Monica Lengthy stated on X that the “future forward is mighty brilliant,” and experiences present the corporate is already shifting to make use of XRP in new methods contained in the prime brokerage enterprise.
Ripple Completes Hidden Highway Deal
Based mostly on experiences, Ripple Prime started life on Hidden Highway’s spine, a platform recognized for quick progress amongst non-bank prime brokers. Since Ripple introduced the acquisition in April, enterprise on the unit has tripled in measurement.
Ripple Prime will supply companies corresponding to clearing, financing, and prime brokerage throughout asset courses, together with FX, derivatives, swaps, and digital property. Hidden Highway’s founder, Marc Asch, will stay concerned and work with CEO Brad Garlinghouse and different leaders as integration continues.
The alternatives now accessible to Ripple Prime (fka Hidden Highway) are expansive. With $RLUSD already getting used as collateral for plenty of prime brokerage merchandise, and Ripple Prime taking a look at quite a lot of methods to make the most of XRP, the long run forward is mighty brilliant. https://t.co/YFSUQlyeOO
— Monica Lengthy (@MonicaLongSF) October 24, 2025
RLUSD Features Institutional Footing
RLUSD, Ripple’s institutional stablecoin, is already getting used as collateral throughout a number of prime brokerage merchandise. In response to firm statements, some derivatives purchasers have chosen to carry balances in RLUSD relatively than different currencies.
Stories additionally be aware that BNY Mellon acts as the first reserve custodian for RLUSD. Blockchain analytics agency Bluechip gave RLUSD an A ranking for stability, governance, and asset backing, a rating Ripple cites as proof of institutional belief.
Ripple’s Acquisition Push Strengthens Infrastructure
Ripple has accomplished 5 main acquisitions in roughly two years, including Metaco, Normal Custody, Rail, and GTreasury to its rising record of corporations now working below its umbrella.
The strikes purpose to increase custody, funds, liquidity, and treasury capabilities. Based mostly on firm feedback, Ripple sees these buys as steps towards providing establishments a broader set of companies tied to digital property and conventional markets.
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Prime Brokerage Ambitions Develop
Ripple has stated it is going to use blockchain instruments to streamline operations at Ripple Prime and cut back prices. In response to government remarks, the plan is to mesh funds, custody options, and stablecoin utility with prime brokerage features to extend adoption amongst institutional purchasers.
With right now’s shut of Hidden Highway (now Ripple Prime), Ripple has introduced 5 main acquisitions in ~2 years (GTreasury final week, Rail in August, Normal Custody in 2024, Metaco in 2023). As we proceed to construct options in direction of enabling an Web of Worth – I’m reminding you… https://t.co/O5Uub7ulw9
— Brad Garlinghouse (@bgarlinghouse) October 24, 2025
What This Means For XRP
Monica Lengthy’s upbeat message got here with concrete strikes relatively than simply phrases. Stories present Ripple Prime’s enlargement and RLUSD’s institutional traction might make XRP extra helpful to banks and asset managers.
Ripple CEO Brad Garlinghouse has repeatedly emphasised the corporate’s dedication to XRP, and Ripple’s newest steps put the token inside a wider set of companies aimed toward skilled customers.
XRP Value Replace
Analysts and market watchers can be watching how shortly establishments undertake these new instruments and whether or not XRP finds a gentle, useful place in that ecosystem.
XRP has been shifting quietly inside a decent vary these days, holding between $2.30 and $2.50. The broader crypto market has stayed calm, and the token continues to commerce comfortably above $2.20, displaying resilience regardless of muted exercise.
In response to crypto analysts, XRP’s quiet section may not final lengthy, pointing to a possible setup for a large rally that might carry the coin far past its present zone — presumably reaching above $27 in the long term.
Featured picture from Unsplash, chart from TradingView
