Ripple formally accomplished its Hidden Highway acquisition, changing into the primary crypto agency to personal a worldwide multi-asset prime dealer.
The $1.25 billion deal will embed Ripple’s know-how and merchandise into institutional operations, additional strengthening its presence in conventional finance.
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Hidden Highway Rebrands Below Ripple Prime
Ripple introduced in the present day the completion of its acquisition of one of many world’s fastest-growing non-bank prime brokers. As a part of this transfer, Hidden Highway will now function below the title Ripple Prime.
With Ripple’s acquisition of Hidden Highway finalized, it’s lastly time to “SUPERCHARGE XRP’S UTILITY.”📈🔋
“Hidden Road plans to migrate its post-trade clearing onto XRPL, showcasing the blockchain’s ability to handle high-volume institutional flows.”✅
Documented.📝👇 https://t.co/dBZk7dYa7H pic.twitter.com/FstGAkPvyL
— SMQKE (@SMQKEDQG) October 24, 2025
Ripple Prime’s shoppers will now achieve entry to Ripple’s digital asset ecosystem, together with the XRP Ledger (XRPL) and the RLUSD stablecoin.
Each are being built-in into the corporate’s prime brokerage providers. Ripple says RLUSD is already used as collateral for derivatives merchandise, with adoption anticipated to extend.
“The synergies between the two businesses made this acquisition a logical next step to support institutional adoption of digital assets. Ripple’s foundational digital asset infrastructure across payments, crypto custody and stablecoin, as well as the use of XRP, will complement the services offered within Ripple Prime,” learn the official press launch.
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The transfer is the newest in a collection of acquisitions Ripple has made just lately.
Ripple Continues Acquisition Streak
Final week, Ripple spent $1 billion to buy GTreasury, a company treasury administration agency. The transfer reinforces the corporate’s ambition to deepen its integration into the US banking and monetary system.
It additionally marked Ripple’s third main acquisition this yr, every aimed toward increasing the corporate’s entry to conventional finance (TradFi) infrastructure.
In August, Ripple additionally agreed to accumulate Rail for $200 million. The Toronto-based funds platform focuses on stablecoin infrastructure and cross-border transaction know-how.
The deal remains to be pending regulatory approval and is anticipated to shut within the fourth quarter of 2025. As soon as finalized, it would merge Rail’s know-how infrastructure with Ripple’s present funds and stablecoin ecosystem.
Ripple has additionally taken separate measures to combine right into a broader institutional growth technique. Final week, the agency reportedly introduced plans for a $1 billion fundraising spherical to construct a digital asset treasury (DAT) of its native XRP token.
The DAT plan, if confirmed, would give Ripple higher management over XRP liquidity and treasury sources, which may assist future institutional operations, together with Ripple Prime.
