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 counseled 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 critical about main the way forward for finance. Notably, his feedback present how Ripple is working to attach conventional finance with decentralized programs.
Hidden street purchase positions ripple for defi development
In his latest submit 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 major brokerage agency that processes over $3 trillion in transactions yearly for greater than 300 institutional purchasers.
Straight responding to Chamath Palihapitiya’s tackle crypto offers this yr, John Deaton famous that the acquisition offers Ripple with a stable 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 very best instance of the convergence of TradFi and DeFi in all of crypto.
Hidden Highway, a major brokerage agency dealing with over $3T yearly throughout 300+ institutional purchasers, 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 standard 24 hours to simply 3 to five seconds.
For context, Ripple’s stablecoin, RLUSD, will play an important position by performing as collateral in these transactions. This setup permits Ripple to attach digital property and conventional monetary markets easily.
The professional-crypto lawyer additionally commented on Ripple’s deal with custody companies. He identified that Ripple’s earlier purchases of Metaco and Customary Custody led to the launch of Ripple Custody. It is a service developed to assist establishments retailer their digital property securely.
In accordance with the Boston Consulting Group (BCG), the custody market is predicted to achieve $16 trillion by 2030. Deaton believes Ripple is positioning itself for a serious position on this fast-expanding space.
He additionally advised that Ripple might provide tokenization-as-a-service. This is able to permit banks and establishments to tokenize property like shares, bonds, and actual property immediately on the XRP Ledger. He mentioned these strikes present Ripple Labs is making up for misplaced time and constructing a powerful platform for future development.
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 accordance with the replace, the agency will assist strengthen Ripple’s monetary infrastructure companies. This may embrace world funds, token custody, and asset tokenization for big enterprises.
Notably, Lengthy defined that integrating XRP and RLUSD into Ripple Labs’ companies is a serious focus. This may assist to deliver blockchain effectivity to main companies whereas protecting the soundness of conventional finance. She pressured that Ripple’s mission has all the time been to bridge the 2 worlds, and this buy is a big step in direction of attaining that purpose.
Monica Lengthy’s feedback and John Deaton’s perspective present that Ripple is shifting previous its authorized struggle with the US Securities and Change Fee. The agency is now targeted on changing 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 way of 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 normal acceptance and worldwide integration of the rising know-how. His need to teach folks about cryptocurrencies evokes his contributions to famend blockchain media and websites.
