Deal closed: Rail ✅With this acquisition, Ripple Payments is the market's most comprehensive end-to-end stablecoin solution.Ripple (@Ripple):4 major acquisitions. 1 goal: https://t.co/0WFvtRCyMsWith GTreasury, Rail, Palisade, and Ripple Prime, we’re building the one-stop shop for digital asset infrastructure - custody, liquidity, treasury, payments & real-time settlement under one unified platform.We are building ...

Blockchain payments firm Ripple Labs Inc has secured $500 million from Fortress Investment Group and a few other investors. The funding raised its valuation to a whopping $40 billion, according to an X post by the company’s CEO Brad Garlinghouse. He described this round as the “cherry on top of a mountain of good news” that the firm has recorded this year alone. Fortress Investment Group Leads Ripple’s $500 Million Round On November 5, Brad Garlinghouse, Ripple’s CEO, acknowledged that his company has ha ...

Benzinga and Yahoo Finance LLC may earn commission or revenue on some items through the links below. Ripple, the blockchain company behind XRP (CRYPTO: XRP), is rapidly expanding its institutional footprint through a series of strategic acquisitions and new product offerings, signaling preparation for a potential XRP ETF launch. What Happened: Ripple unveiled Ripple Prime, its new digital asset spot prime brokerage platform in the U.S., following the acquisition of multi-asset broker Hidden Road. The plat ...

Company Initiatives - Ripple 通过 Ripple Prime 服务，允许美国客户访问数十种加密货币的现货交易 [1]

Core Insights - Ripple Labs has launched Ripple Prime, a US spot prime brokerage service aimed at institutional clients, allowing OTC spot trades in major digital assets like XRP and RLUSD [1][2] - The launch follows Ripple's $1.25 billion acquisition of Hidden Road, enhancing capabilities beyond OTC trading to include cross-margining and financing options [2][3] - Ripple Prime facilitates large off-exchange transactions with reduced market impact and provides infrastructure that meets US regulatory standards, marking a shift towards institutional finance for XRP and RLUSD [3] Market Access and Growth - The launch of Ripple Prime coincides with increased activity in the stablecoin market, highlighting its strategic timing [4] - RLUSD, Ripple's US dollar-pegged stablecoin, has surpassed a market capitalization of $1 billion, indicating strong institutional interest and growth [5] - The integration of RLUSD within Ripple Prime may lead to new use cases such as collateralized lending and cross-border settlements, positioning Ripple in competition with Coinbase Prime and Anchorage [5][6]

Core Insights - Ripple has launched spot trading for various cryptocurrencies through its Ripple Prime service, following the acquisition of Hidden Road for $1.25 billion [1][2][5] - The service allows access to prominent digital assets, including XRP and Ripple's RLUSD stablecoin, which have market caps of $142 billion and $1 billion respectively [2] - Ripple's offerings now likely include Bitcoin, Ethereum, and Solana, enhancing its service portfolio for institutional clients [3][4] Group 1 - Ripple's Prime clients can access a wide range of digital assets, enhancing trading capabilities [2][3] - The launch of OTC spot execution capabilities complements existing OTC and cleared derivatives services, providing a comprehensive trading solution for U.S. institutions [4] - Ripple's prime brokerage allows institutions to engage in foreign-exchange trading, precious metals, synthetic assets, and margin trading [5][6] Group 2 - Ripple's CEO highlighted the importance of Hidden Road as a trusted intermediary for major financial players, indicating a strong market position [5][6] - The acquisition of Hidden Road is part of Ripple's strategy to adapt to a more favorable regulatory environment, with multiple acquisitions in recent years [7]

Core Insights - Ripple launched digital asset spot prime brokerage capabilities for US institutional clients on November 3, 2025, following its $1.25 billion acquisition of Hidden Road, which has been rebranded as Ripple Prime [1][3] - The platform allows clients to execute over-the-counter (OTC) spot transactions across various digital assets and supports cross-margining with their entire digital asset portfolio [2][5] - Ripple's spot trading service includes XRP and its RLUSD stablecoin, which has been adopted by humanitarian organizations for cross-border aid payments [4] Group 1 - The launch of Ripple Prime represents the first major integration after the acquisition of Hidden Road, completed in October 2025 [1][3] - Ripple Prime combines regulatory licenses with Hidden Road's infrastructure, enhancing its service offerings in the US market [3] - The platform offers services comparable to established institutional providers like Coinbase Prime, including foreign exchange, digital assets, derivatives, swaps, and fixed income [5] Group 2 - Ripple is exploring additional ways to utilize RLUSD and XRP within the platform, indicating a focus on expanding their use cases [4] - The platform supports OTC swaps and CME futures and options, providing a comprehensive trading solution for institutional clients [2][5] - Ripple's partnerships also target retail users, as seen with Uphold's relaunch of US debit cards offering 6% XRP rewards [5]

Core Insights - Ripple has launched a digital asset spot prime brokerage named Ripple Prime for U.S. institutional clients, marking a significant expansion into financial services following the acquisition of Hidden Road [1][3] - The new platform facilitates over-the-counter (OTC) spot trading for various major digital assets, including XRP and Ripple's RLUSD stablecoin, and offers an integrated suite of services including derivatives, swaps, fixed income, and foreign exchange products [2][4] Company Developments - The launch of OTC spot execution capabilities enhances Ripple's existing suite of OTC and cleared derivatives services, positioning the company to meet the trading needs of U.S. institutions [3] - Ripple completed the acquisition of Hidden Road in October 2025, which combined its regulatory licenses with Hidden Road's prime brokerage infrastructure [3] Service Offerings - The new platform allows U.S. clients to cross-margin OTC spot positions with swaps and CME-listed futures and options, providing greater flexibility in managing digital asset portfolios [4] - Ripple's institutional crypto services now encompass payments, custody, and trading, with Ripple Prime joining Ripple Payments and Ripple Custody as part of its offerings [4] Asset Integration - Ripple's native crypto assets, XRP and RLUSD, are integrated into these offerings to improve liquidity and streamline settlement processes for institutional participants [5]

Core Insights - The October 10th crypto flash crash resulted in a loss of nearly $20 billion in leveraged positions, significantly impacting XRP, which experienced a 60% decline [1][6] - XRP has entered a recovery phase, driven by Ripple's institutional expansion and improving market sentiment, raising questions about its investment potential post-crash [2] Pre-Crash Performance - Prior to the crash, XRP was trading between $2.45 and $2.80, reflecting bullish sentiment and community confidence [4] - Anticipation of spot ETF approval was expected to attract $3-$8 billion in inflows, bolstering institutional confidence in XRP [4] - Ripple's partnership with Bahrain Fintech Bay aimed to enhance digital asset custody and expand the RLUSD stable coin's reach, contributing to increased liquidity and an average daily trading volume of $170 million [5] Post-Crash Analysis - Following the crash, XRP's price fell to $1.25, marking a 60% decline from its local highs, which tested long-term support levels [6] - Despite the downturn, some investors capitalized on the dip, with significant purchases occurring around the $1.30-$1.50 range [6] - XRP has since rebounded to approximately $2.60, trading above short-term moving averages, attributed to Ripple's strategic corporate actions, including a $1.25 billion acquisition and the launch of Ripple Prime [7] - Recent developments, such as CME launching XRP options and the XRP Ledger supporting tokenized credit issuance in Brazil, indicate that XRP's recovery is driven by fundamental factors rather than market hype [7]

Core Insights - XRP has surged past Binance Coin (BNB) to become the third-largest cryptocurrency by market capitalization, reaching $2.63 with a market cap of approximately $158 billion, while BNB's market cap stands at $156 billion [1] - XRP experienced a +12.8% weekly rally, outpacing other top-five digital assets, raising discussions about a potential institutional cycle for XRP [2] - The surge in XRP's price is attributed to deeper market dynamics beyond mere rotation [3] Institutional Developments - Evernorth, a digital asset treasury initiative, aims to accumulate and deploy XRP at scale, funded partly by Ripple co-founder Chris Larsen [4] - Evernorth is preparing a $1 billion+ SPAC raise to establish an institutional-grade XRP reserve, focusing on liquidity provisioning, on-chain treasury management, and lending markets [5] - Ripple is expanding into enterprise payments, with RLUSD stablecoin growth nearing $1 billion in on-ledger assets, and the launch of Ripple Prime as a brokerage-style institutional access hub [5] ETF and Market Sentiment - The XRP ETF race is intensifying, with multiple firms submitting amended S-1 filings in response to SEC feedback, indicating regulatory alignment [6] - CME futures open interest has surged to $9.9 billion, while spot XRP ETFs have accumulated over $100 million in assets under management shortly after launch [6] - Retail trader sentiment remains historically low, with small wallets selling into the rally, creating a contrarian setup as institutional accumulation increases [7] Price Analysis - XRP is currently trading at a market price of $2.61, reflecting a 24-hour change of +0.74%, indicating potential technical strength [8]