Here Are Ripple’s 5 Big Moves Since 2023 and What They Mean for XRP

Brad Garlinghouse just lately outlined all vital acquisitions made by the corporate in recent times.

Ripple has had an enormous 12 months ever since 2024’s US presidential elections, when Donald Trump received his second victory to return to workplace in early 2025. Given his election marketing campaign and the numerous pro-crypto guarantees he made, together with firing then-SEC Chair Gary Gensler, who led the warfare in opposition to the business and Ripple particularly, it was evident that the winds would shift considerably, particularly for US-based firms.

The Brad Garlinghouse-led entity has been on the forefront of beneficieries, largely for the reason that tides on the SEC modified and the four-year-long battle between the 2 sides lastly concluded in a optimistic approach for Ripple. However even earlier than the tip of the lawsuit, the corporate had began to make some daring acquisition strikes, and Garlinghouse acknowledged them on Friday in a publish on X.

With at the moment’s shut of Hidden Street (now Ripple Prime), Ripple has introduced 5 main acquisitions in ~2 years (GTreasury final week, Rail in August, Commonplace Custody in 2024, Metaco in 2023). As we proceed to construct options in the direction of enabling an Web of Worth – I’m reminding you… https://t.co/O5Uub7ulw9

— Brad Garlinghouse (@bgarlinghouse) October 24, 2025

5 Large Purchases

It began in Might 2023 with a $250 million deal to acquire Metaco, a Swiss-based crypto custody supplier. It allowed Ripple to reinforce its enterprise choices, offering clients with the know-how to custody, subject, and settle any tokenized property.

Lower than a 12 months later, one other buy made the headlines when Ripple’s President, Monica Lengthy, outlined the acquisition of Commonplace Custody & Belief Firm, an enterprise-grade regulated platform for cryptocurrencies.

Then got here 2025, when the variety of offers skyrocketed to a few (to date). Rail, a platform constructed to assist companies transfer cash with pace, transparency, and belief utilizing stablecoins and fiat collectively, was bought for $200 million.

Except for highlighting plans to create its personal billion-dollar treasury firm, Ripple additionally acquired the treasury software program supplier GTreasury for $1 billion to strengthen company finance relationships.

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The costliest was the acquisition of the prime dealer Hidden Street. Though it was initially introduced in April, the deal became official earlier this week, and the platform is now generally known as Ripple Prime.

“We’re happy to share that our acquisition of Hidden Street is formally full, making Ripple the primary crypto firm to personal and function a world, multi-asset prime dealer – bringing the promise of digital property to institutional clients at scale,” reads the agency’s assertion.

XRP Influence?

The XRP Military rejoiced with every buy and the SEC lawsuit conclusion, however some questioned the optimistic results on the underlying asset, which peaked in July however has dropped by roughly 30% since then. CryptoSensei instantly requested Garlinghouse about XRP’s position within the general Ripple infrastructure, particularly for the reason that introduction of the challenge’s stablecoin (RLUSD) on the finish of final 12 months.

Brad, many within the XRP group are attempting to know how the clearing and settlement course of will work now that Ripple has built-in Hidden Street beneath Ripple Prime.

We’ve heard RLUSD talked about because the core settlement asset — however is that RLUSD working on the XRP Ledger or…

— CryptoSensei (@Crypt0Senseii) October 24, 2025

One other consumer tried to elucidate that XRP is used for liquidity, and its true objective is to function a liquidity pool. A better USD valuation would make it simpler to finish transactions in seconds, having to make use of much less XRP. RLUSD is backed in a one-to-one ratio with the dollar, but it surely doesn’t clear up the liquidity downside, the consumer said.