Key Notes
- Ripple’s Hidden Highway deal will amplify its DeFi and institutional finance capabilities.
- With XRP Ledger’s 3–5 seconds settlement occasions, 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, lately counseled Ripple Labs’ efforts to increase 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 methods.
Hidden highway purchase positions ripple for defi development
In his latest put up 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 first-rate brokerage agency that processes over $3 trillion in transactions yearly for greater than 300 institutional purchasers.
Immediately responding to Chamath Palihapitiya’s tackle crypto offers this yr, John Deaton famous that the acquisition supplies Ripple with a stable basis to embed blockchain on the centre of conventional finance. He added that this objective has been evident within the firm’s latest efforts to deepen its ties with established monetary establishments.
I agree with Chamath. I additionally imagine @Ripple’s $1.25 billion acquisition of Hidden Highway as probably the perfect instance of the convergence of TradFi and DeFi in all of crypto.
Hidden Highway, a first-rate 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 greatest benefits of this Hidden Highway acquisition is utilizing the XRP Ledger for post-trade settlements. With this, Ripple can lower settlement occasions from the same old 24 hours to only 3 to five seconds.
For context, Ripple’s stablecoin, RLUSD, will play a significant function 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 concentrate on custody companies. He identified that Ripple’s earlier purchases of Metaco and Normal 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 anticipated to succeed in $16 trillion by 2030. Deaton believes Ripple is positioning itself for a serious function on this fast-expanding space.
He additionally urged that Ripple may provide tokenization-as-a-service. This could permit banks and establishments to tokenize property like shares, bonds, and actual property straight 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. It will embrace world funds, token custody, and asset tokenization for giant enterprises.
Notably, Lengthy defined that integrating XRP and RLUSD into Ripple Labs’ companies is a serious focus. It will assist to convey blockchain effectivity to main companies whereas protecting the steadiness of conventional finance. She careworn that Ripple’s mission has all the time been to bridge the 2 worlds, and this buy is a major step in direction of attaining that objective.
Monica Lengthy’s feedback and John Deaton’s perspective present that Ripple is shifting previous its authorized battle with the US Securities and Change Fee. The agency is now targeted on changing into a frontrunner in institutional finance.
Particularly, a notable transfer right here is their novel thought of bringing institutional-grade crypto custody to South Korea via 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 common acceptance and worldwide integration of the rising know-how. His want to teach individuals about cryptocurrencies conjures up his contributions to famend blockchain media and websites.