Key Notes
- Ripple’s Hidden Highway deal will amplify its DeFi and institutional finance capabilities.
- With XRP Ledger’s 3–5 seconds settlement instances, the agency hopes to spice up TradFi effectivity.
- Ripple is positioning itself amid the $16 trillion custody market by 2030.
John Deaton, a outstanding crypto lawyer and XRP
XRP
$2.32
24h volatility:
6.2%
Market cap:
$135.40 B
Vol. 24h:
$5.30 B
advocate, not too long ago recommended Ripple Labs’ efforts to develop following years of authorized challenges. Deaton pointed to Ripple’s $1.25 billion acquisition of Hidden Highway as a transparent signal that the corporate is severe about main the way forward for finance. Notably, his feedback present how Ripple is working to attach conventional finance with decentralized techniques.
Hidden street purchase positions ripple for defi progress
In his latest publish on X, Deaton defined that Ripple’s purchase of Hidden Road is greater than a big acquisition. He mentioned this primarily to buttress that Hidden Highway is a chief brokerage agency that processes over $3 trillion in transactions yearly for greater than 300 institutional shoppers.
Instantly responding to Chamath Palihapitiya’s tackle crypto offers this 12 months, John Deaton famous that the acquisition offers Ripple with a strong basis to embed blockchain on the centre of conventional finance. He added that this purpose has been evident within the firm’s latest efforts to deepen its ties with established monetary establishments.
I agree with Chamath. I additionally consider @Ripple’s $1.25 billion acquisition of Hidden Highway as probably the most effective instance of the convergence of TradFi and DeFi in all of crypto.
Hidden Highway, a chief brokerage agency dealing with over $3T yearly throughout 300+ institutional shoppers, now… https://t.co/yOJCE7zftk
— John E Deaton (@JohnEDeaton1) April 28, 2025
Deaton mentioned one of many largest benefits of this Hidden Highway acquisition is utilizing the XRP Ledger for post-trade settlements. With this, Ripple can minimize settlement instances from the same old 24 hours to simply 3 to five seconds.
For context, Ripple’s stablecoin, RLUSD, will play an important function by performing as collateral in these transactions. This setup permits Ripple to attach digital belongings and conventional monetary markets easily.
The professional-crypto lawyer additionally commented on Ripple’s give attention to custody providers. He identified that Ripple’s earlier purchases of Metaco and Commonplace Custody led to the launch of Ripple Custody. This can be a service developed to assist establishments retailer their digital belongings securely.
In line with the Boston Consulting Group (BCG), the custody market is anticipated to achieve $16 trillion by 2030. Deaton believes Ripple is positioning itself for a significant function on this fast-expanding space.
He additionally instructed that Ripple might supply tokenization-as-a-service. This is able to permit banks and establishments to tokenize belongings like shares, bonds, and actual property instantly on the XRP Ledger. He mentioned these strikes present Ripple Labs is making up for misplaced time and constructing a robust platform for future progress.
Monica lengthy on ripple labs’ strategic roadmap
Coinspeaker beforehand reported that Ripple President Monica Lengthy shocked the XRP military in a latest CNBC interview. She confirmed the Hidden Highway acquisition and defined that the deal is important to Ripple’s strategy.
In line with the replace, the agency will assist strengthen Ripple’s monetary infrastructure providers. This can embrace world funds, token custody, and asset tokenization for big enterprises.
Notably, Lengthy defined that integrating XRP and RLUSD into Ripple Labs’ providers is a significant focus. This can assist to convey blockchain effectivity to main companies whereas protecting the steadiness of conventional finance. She harassed that Ripple’s mission has at all times been to bridge the 2 worlds, and this buy is a big step in the direction of reaching that purpose.
Monica Lengthy’s feedback and John Deaton’s perspective present that Ripple is shifting previous its authorized battle with the US Securities and Trade Fee. The agency is now centered on turning into a pacesetter in institutional finance.
Particularly, a notable transfer right here is their novel concept of bringing institutional-grade crypto custody to South Korea by the BDACS partnership.
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Benjamin Godfrey is a blockchain fanatic and journalist who relishes writing about the actual life purposes of blockchain know-how and improvements to drive basic acceptance and worldwide integration of the rising know-how. His want to coach individuals about cryptocurrencies conjures up his contributions to famend blockchain media and websites.
