Ripple Hidden takes over road for $ 1.25 billion in one of the greatest crypto deals ever. This takeover represents a milestone, since Ripple thus becomes the first crypto company worldwide that has a non-bank-based Prime Broker. This strategic step could increase the XRP Ledger volume exponentially and take ripple one of the largest competitors in Wall Street. In this article you will find out why this deal is so important and what effects it on XRP (XRP) and will have the XRP Ledger.
Prime broker as a bridge between crypto and traditional financial world
Hidden Road is a central point of contact for over three hundred global financial institutions. The Prime Broker has integrated more than a hundred trading platforms and liquidity providers, including Coin base. Around ten billion dollars are handled in the form of clearings every day, which corresponds to three trillion dollars every year. These gigantic amounts are currently running in over fifty million transactions every day through traditional settlement systems.
The special thing about this deal is not just the price. Through the takeover, Ripple gives direct access to the traditional financial world and plans to use the XRP Ledger infrastructure for future processing. Monica Long, President of Ripple, impressively describes that an institutional investor can now go to Hidden Road as a broker in order to act in the field of foreign exchange, cryptocurrencies and fixed -interest securities – including cryptocurrencies like that Ripple StableCoin (RLUSD) Or tokenized assets.
Exponential growth potential for XRP Ledger
The integration of Hidden Road could massively increase the traded volume on the XRP Ledger. Calculations According to the current volume of Hidden Road, if it were handled by the XRP Ledger, it would mean an approximately 77,000% increase. That would be 2.7 times more daily dollar volume than on Ethereum (ETH).
David Schwartz, CTO von Ripple, emphasizes the enormous time advantage: While traditional settlements between customers often take over twenty -four hours, the XRP Ledger only needs seconds. In addition, the market for tokenized real assets opens, which, according to Boston Consulting Group, could grow to up to nineteen trillion dollars by 2033 – with an average annual growth rate of over fifty percent.
Ripple’s acquisition of hidden road is a defining moment for the xrp ledger and xrp. The Prime Broker Clears Upwards of $ 10b and Processes Over 50m Transactions A Day On Various Traditional Rails, Waiting Up to 24 Hours for Those Transactions to Settle. Now Imagine even a portion … https://t.co/xihdyy30sm
– David “Joelkatz” Schwartz (@Joelkatz) April 8, 2025
This development means direct access to the major financial institutions and is expected to increase the demand for XRP. If you want to learn more about this exciting topic, have a look on my YouTube channel Miscrypto Gone and subscribe to him not to miss updates!