Ripple has taken another major leap toward transforming its business into a full-scale institutional network.
The company has officially launched Ripple Prime, a new platform built to bridge its payment ecosystem with professional crypto finance services.
The move follows the completion of Ripple’s $1.25 billion acquisition of Hidden Road, a global prime brokerage that quietly became one of the biggest gateways between traditional and digital asset markets. With the deal now finalized, Hidden Road has been absorbed and rebranded as Ripple Prime – a move that cements Ripple’s ambitions beyond cross-border payments.
From Payments to Prime Brokerage
Ripple’s executives described the launch as the beginning of a “new era” for the company. Ripple Prime will allow hedge funds, corporate clients, and institutional investors to access multi-asset trading, custody, and collateral services under a single framework.
What makes this significant is Ripple’s unique ability to blend blockchain infrastructure with financial-grade systems already trusted by regulators and banks. The company said its payment rails, stablecoin integrations, and digital custody systems will work seamlessly with Ripple Prime – giving institutions the ability to move liquidity between crypto and fiat environments in real time.
The initiative also aligns with Ripple’s broader strategy of institutional expansion. In the past six months alone, Ripple has spent over $2 billion acquiring new businesses, including GTreasury and Rail, both of which strengthen its treasury and stablecoin infrastructure.
RLUSD Stablecoin Takes Center Stage
Ripple confirmed that its RLUSD stablecoin will be deeply integrated into Ripple Prime’s operations. Already used as collateral in some brokerage products, RLUSD will serve as the key liquidity layer for settlement and margin management within the new platform.
The company said adoption has been growing rapidly, with derivative clients now choosing to hold RLUSD for stability and compliance reasons. Earlier this year, analytics firm Bluechip gave RLUSD an ‘A’ rating, recognizing its strong governance and transparent backing – a rare distinction in the stablecoin sector.
Ripple highlighted that its partnership with BNY Mellon, which safeguards RLUSD reserves, underscores its focus on regulation-first infrastructure. Executives called it a model for how stablecoins can evolve into trusted financial instruments for institutional use.
Industry Applause and Broader Implications
Early reactions to Ripple Prime have been notably positive. Michael Arrington, founder of TechCrunch and Arrington Capital, said the new platform “sets a new bar for digital asset brokerage.” He praised Ripple’s integration of traditional financial controls with onchain transparency, calling the Hidden Road deal “Ripple’s smartest acquisition to date.”
We are finally onboarded with Hidden Road. It has a bunch of incredible tools for our business as a hedge fund. Ripple has made some incredible acquisitions, but Hidden Road may the best one so far. There are incredible synergies between the Hidden Road Business and Ripple's… https://t.co/sYTrKYbpED
— Michael Arrington ?‍☠️ (@arrington) October 24, 2025
Market observers see Ripple Prime as a strategic move to compete with Wall Street-style digital brokers, positioning Ripple as a full-stack provider for institutional crypto liquidity. By merging payment systems, stablecoin infrastructure, and multi-asset trading under one roof, the company is building something few in the industry have achieved – a regulated, global gateway between blockchain and legacy finance.
For Ripple, this may be the clearest signal yet that the company’s future extends far beyond cross-border transactions. With Ripple Prime, the firm is rewriting what it means to be both a blockchain innovator and a financial institution.
