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Ripple has concluded its $1.25 billion acquisition of Hidden Road and has rechristened the firm as Ripple Prime, as confirmed by company executives. According to statements from leadership, this transaction positions Ripple as the pioneering cryptocurrency firm to possess and operate a global, multi-asset prime brokerage.
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Ripple President Monica Long stated on X that the “future ahead is exceptionally bright,” and reports indicate that the company is already transitioning to utilize XRP innovatively within the prime brokerage sector.
Ripple Finalizes Hidden Road Agreement
According to reports, Ripple Prime was established on Hidden Road’s infrastructure, a platform recognized for its rapid expansion among non-bank prime brokers. Since Ripple unveiled the acquisition in April, the operations at the unit have tripled in scale.
Ripple Prime will provide offerings such as clearing, financing, and prime brokerage services across various asset categories, including FX, derivatives, swaps, and digital assets. Marc Asch, the founder of Hidden Road, will stay engaged and collaborate with CEO Brad Garlinghouse and other executives as integration progresses.
The prospects now available to Ripple Prime (formerly Hidden Road) are vast. With $RLUSD already being utilized as collateral for many prime brokerage offerings, and Ripple Prime exploring numerous methods to leverage XRP, the future ahead is exceptionally bright. https://t.co/YFSUQlyeOO
— Monica Long (@MonicaLongSF) October 24, 2025
RLUSD Secures Institutional Presence
RLUSD, Ripple’s stablecoin designed for institutions, is already employed as collateral across several prime brokerage solutions. As per company announcements, some derivatives clients prefer to maintain balances in RLUSD as opposed to alternative currencies.
Reports also highlight that BNY Mellon serves as the primary reserve custodian for RLUSD. The blockchain analytics firm Bluechip has assigned RLUSD an A rating for stability, governance, and asset support, a classification Ripple regards as indicative of institutional confidence.
Ripple’s Acquisition Strategy Fortifies Infrastructure
Ripple has finalized five significant acquisitions in around two years, incorporating Metaco, Standard Custody, Rail, and GTreasury into its expanding roster of companies now operating under its framework.
These initiatives aim to enhance custody, payments, liquidity, and treasury capabilities. Based on company insights, Ripple views these acquisitions as steps toward providing institutions with a more comprehensive array of services linked to digital assets and traditional markets.
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Ambitions for Prime Brokerage Expand
Ripple has expressed its intent to utilize blockchain technologies to optimize operations at Ripple Prime and minimize expenses. According to executive insights, the objective is to integrate payments, custody solutions, and stablecoin functionality with prime brokerage services to enhance adoption among institutional clientele.
With today’s conclusion of Hidden Road (now Ripple Prime), Ripple has declared 5 major acquisitions in approximately 2 years (GTreasury last week, Rail in August, Standard Custody in 2024, Metaco in 2023). As we persist in developing solutions toward facilitating an Internet of Value – I’m reminding you… https://t.co/O5Uub7ulw9
— Brad Garlinghouse (@bgarlinghouse) October 24, 2025
Implications for XRP
Monica Long’s positive communication was accompanied by tangible actions rather than mere platitudes. Reports indicate that Ripple Prime’s growth and RLUSD’s institutional momentum may enhance XRP’s utility for banks and asset managers.
Ripple CEO Brad Garlinghouse has consistently highlighted the company’s dedication to XRP, and Ripple’s recent actions position the token within a broader suite of services aimed at professional clients.
XRP Price Update
Analysts and market observers will be monitoring how swiftly institutions embrace these new tools and whether XRP secures a steady, functional role in that ecosystem.
XRP has been trading quietly within a narrow range recently, fluctuating between $2.30 and $2.50. The wider cryptocurrency market has remained stable, and the token continues to exchange comfortably above $2.20, exhibiting resilience despite muted activity.
According to cryptocurrency analysts, XRP’s tranquil phase may not endure for long, indicating a potential configuration for a significant rally that could propel the coin well beyond its current range — possibly exceeding $27 in the long run.
Featured image from Unsplash, chart from TradingView
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