Ripple’s Hidden Road Acquisition Boosts XRP Utility & Sets Up Institutional Surge

Ripple has made a major move towards revolutionizing institutional finance, acquiring Hidden Road for $1.25 billion. This strategic purchase gives Ripple control of a fully-fledged multi-asset prime brokerage firm, positioning them as the first crypto-native company to own such a system. This will unlock significant opportunities for XRP in the financial world by integrating its RLUSD stablecoin and settling transactions through the XRPL. 8/24/2025