Ripple has finished its $1.25 billion purchase of Hidden Road and rebranded the firm as Ripple Prime, company leaders 2 to executive remarks, the deal makes Ripple the first crypto company to own and run a global, multi-asset prime 3 Reading: 16,000 Ancient Bitcoins Just Moved—And It’s Costing Whales Billions Ripple President Monica Long said on X that the “future ahead is mighty bright,” and reports show the company is already moving to use XRP in new ways inside the prime brokerage 4 Completes Hidden Road Deal Based on reports, Ripple Prime began life on Hidden Road’s backbone, a platform known for fast growth among non-bank prime 5 Ripple announced the acquisition in April, business at the unit has tripled in 6 Prime will offer services such as clearing, financing, and prime brokerage across asset classes, including FX, derivatives, swaps, and digital 7 Road’s founder, Marc Asch, will remain involved and work with CEO Brad Garlinghouse and other leaders as integration 8 opportunities now available to Ripple Prime (fka Hidden Road) are 9 $RLUSD already being used as collateral for a number of prime brokerage products, and Ripple Prime looking at a variety of ways to utilize XRP, the future ahead is mighty bright. 0 — Monica Long (@MonicaLongSF) October 24, 2025 RLUSD Gains Institutional Footing RLUSD, Ripple’s institutional stablecoin, is already being used as collateral across several prime brokerage 10 to company statements, some derivatives clients have chosen to hold balances in RLUSD rather than other 11 also note that BNY Mellon acts as the primary reserve custodian for 12 analytics firm Bluechip gave RLUSD an A rating for stability, governance, and asset backing, a ranking Ripple cites as evidence of institutional trust.
Ripple’s Acquisition Push Strengthens Infrastructure Ripple has completed five major acquisitions in roughly two years, adding Metaco, Standard Custody, Rail, and GTreasury to its growing list of companies now working under its 13 moves aim to expand custody, payments, liquidity, and treasury 14 on company comments, Ripple sees these buys as steps toward offering institutions a broader set of services tied to digital assets and traditional 15 Reading: XRP Sparks Bullish Frenzy As Top Software Dev Says It Beats ETF Hype Prime Brokerage Ambitions Grow Ripple has said it will use blockchain tools to streamline operations at Ripple Prime and reduce 16 to executive remarks, the plan is to mesh payments, custody solutions, and stablecoin utility with prime brokerage functions to increase adoption among institutional 17 today’s close of Hidden Road (now Ripple Prime), Ripple has announced 5 major acquisitions in ~2 years (GTreasury last week, Rail in August, Standard Custody in 2024, Metaco in 2023).
As we continue to build solutions towards enabling an Internet of Value – I’m reminding you… 1 — Brad Garlinghouse (@bgarlinghouse) October 24, 2025 What This Means For XRP Monica Long’s upbeat message came with concrete moves rather than just 18 show Ripple Prime’s expansion and RLUSD’s institutional traction could make XRP more useful to banks and asset 19 CEO Brad Garlinghouse has repeatedly emphasized the company’s commitment to XRP, and Ripple’s latest steps put the token inside a wider set of services aimed at professional 20 Price Update Analysts and market watchers will be watching how quickly institutions adopt these new tools and whether XRP finds a steady, functional place in that 21 has been moving quietly within a tight range lately, holding between $2.30 and $2.50.
The broader crypto market has stayed calm, and the token continues to trade comfortably above $2.20, showing resilience despite muted 22 to crypto analysts, XRP’s quiet phase might not last long, pointing to a potential setup for a massive rally that could lift the coin far beyond its current zone — possibly reaching above $27 in the long 23 image from Unsplash, chart from TradingView
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