Right here Are Ripple’s 5 Large Strikes Since 2023 and What They Imply for XRP

Brad Garlinghouse lately outlined all vital acquisitions made by the corporate lately.

Ripple has had a giant yr ever since 2024’s US presidential elections, when Donald Trump gained his second victory to return to workplace in early 2025. Given his election marketing campaign and the numerous pro-crypto guarantees he made, together with firing then-SEC Chair Gary Gensler, who led the warfare in opposition to the trade and Ripple specifically, it was evident that the winds would shift considerably, particularly for US-based firms.

The Brad Garlinghouse-led entity has been on the forefront of beneficieries, largely for the reason that tides on the SEC modified and the four-year-long battle between the 2 sides lastly concluded in a constructive approach for Ripple. However even earlier than the top of the lawsuit, the corporate had began to make some daring acquisition strikes, and Garlinghouse acknowledged them on Friday in a publish on X.

With as we speak’s shut of Hidden Street (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

5 Large Purchases

It began in Could 2023 with a $250 million deal to amass Metaco, a Swiss-based crypto custody supplier. It allowed Ripple to boost its enterprise choices, offering prospects with the expertise to custody, challenge, and settle any tokenized belongings.

Lower than a yr later, one other buy made the headlines when Ripple’s President, Monica Lengthy, outlined the acquisition of Normal Custody & Belief Firm, an enterprise-grade regulated platform for cryptocurrencies.

Then got here 2025, when the variety of offers skyrocketed to 3 (to date). Rail, a platform constructed to assist companies transfer cash with pace, transparency, and belief utilizing stablecoins and fiat collectively, was purchased for $200 million.

Except for highlighting plans to create its personal billion-dollar treasury firm, Ripple additionally acquired the treasury software program supplier GTreasury for $1 billion to strengthen company finance relationships.

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The costliest was the acquisition of the prime dealer Hidden Street. Though it was initially introduced in April, the deal grew to become official earlier this week, and the platform is now often called Ripple Prime.

“We’re happy to share that our acquisition of Hidden Street is formally full, making Ripple the primary crypto firm to personal and function a world, multi-asset prime dealer – bringing the promise of digital belongings to institutional prospects at scale,” reads the agency’s assertion.

XRP Affect?

The XRP Military rejoiced with every buy and the SEC lawsuit conclusion, however some questioned the constructive results on the underlying asset, which peaked in July however has dropped by roughly 30% since then. CryptoSensei instantly requested Garlinghouse about XRP’s function within the general Ripple infrastructure, particularly for the reason that introduction of the undertaking’s stablecoin (RLUSD) on the finish of final yr.

Brad, many within the XRP group are attempting to grasp how the clearing and settlement course of will work now that Ripple has built-in Hidden Street below Ripple Prime.

We’ve heard RLUSD talked about because the core settlement asset — however is that RLUSD working on the XRP Ledger or…

— CryptoSensei (@Crypt0Senseii) October 24, 2025

One other consumer tried to clarify that XRP is used for liquidity, and its true goal is to function a liquidity pool. A better USD valuation would make it simpler to finish transactions in seconds, having to make use of much less XRP. RLUSD is backed in a one-to-one ratio with the dollar, nevertheless it doesn’t resolve the liquidity drawback, the consumer mentioned.