Ripple acquired Hidden Road for $1.25 billion and revealed ambitions that go far beyond traditional payments. Hidden Road manages annual transactions worth more than $3 trillion for 300 institutional clients. John Deaton stated that this acquisition represents Ripple's stealth entry into the $16 trillion institutional market. Ripple is preparing for a significant move. By acquiring the brokerage firm "Hedged Road" for $1.25 billion, the cryptocurrency company is not only enhancing its arsenal. According to attorney John Deaton, Ripple aspires to much more than that: to acquire a share of an institutional market valued at $16 trillion. Behind this stealth operation lies a tremendous ambition: to become one of the cornerstones of future finance.
He explained that the company no longer just provides payment solutions, but is working on building a comprehensive offering that integrates asset custody, payments, and stablecoin issuance, all of which are essential initiatives to support large-scale tokens.
According to estimates cited by Dayton, the global market for tokenized asset custody could exceed $16 trillion by the end of this decade.
Thus, Ripple creates a real infrastructure targeting banks and asset managers looking to digitize traditional asset classes, such as stocks, bonds, and even real estate. With its stablecoin RLUSD, which will be used as a settlement tool, Ripple intends to capture a significant share of this emerging market.
This process could represent a major turning point for Ripple, far exceeding its historical activities in cross-border payments. If this strategy succeeds, the company could become one of the pillars of future finance, actively participating in the widespread transition to asset tokens. However, there are still numerous challenges, particularly regarding institutional adoption and competition with other specialized blockchains. A major attack on cross-border payments. Ripple has officially completed its acquisition of Hidden Road, a leading brokerage firm, for $1.25 billion, sparking significant interest in the cryptocurrency ecosystem. In fact, Hidden Road processes annual transactions worth more than $3 trillion to more than 300 institutional clients.
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Ripple acquired Hidden Road for $1.25 billion and revealed ambitions that go far beyond traditional payments.
Hidden Road manages annual transactions worth more than $3 trillion for 300 institutional clients.
John Deaton stated that this acquisition represents Ripple's stealth entry into the $16 trillion institutional market. Ripple is preparing for a significant move. By acquiring the brokerage firm "Hedged Road" for $1.25 billion, the cryptocurrency company is not only enhancing its arsenal. According to attorney John Deaton, Ripple aspires to much more than that: to acquire a share of an institutional market valued at $16 trillion. Behind this stealth operation lies a tremendous ambition: to become one of the cornerstones of future finance.
He explained that the company no longer just provides payment solutions, but is working on building a comprehensive offering that integrates asset custody, payments, and stablecoin issuance, all of which are essential initiatives to support large-scale tokens.
According to estimates cited by Dayton, the global market for tokenized asset custody could exceed $16 trillion by the end of this decade.
Thus, Ripple creates a real infrastructure targeting banks and asset managers looking to digitize traditional asset classes, such as stocks, bonds, and even real estate. With its stablecoin RLUSD, which will be used as a settlement tool, Ripple intends to capture a significant share of this emerging market.
This process could represent a major turning point for Ripple, far exceeding its historical activities in cross-border payments. If this strategy succeeds, the company could become one of the pillars of future finance, actively participating in the widespread transition to asset tokens. However, there are still numerous challenges, particularly regarding institutional adoption and competition with other specialized blockchains. A major attack on cross-border payments.
Ripple has officially completed its acquisition of Hidden Road, a leading brokerage firm, for $1.25 billion, sparking significant interest in the cryptocurrency ecosystem. In fact, Hidden Road processes annual transactions worth more than $3 trillion to more than 300 institutional clients.