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

Brad Garlinghouse not too long ago outlined all important acquisitions made by the corporate lately.

Ripple has had an enormous yr 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 battle towards the business and Ripple specifically, 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 because the tides on the SEC modified and the four-year-long battle between the 2 sides lastly concluded in a optimistic manner for Ripple. However even earlier than the top of the lawsuit, the corporate had began to make some daring acquisition strikes, and Garlinghouse acknowledged them on Friday in a put up on X.

With at present’s shut of Hidden Highway (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 Massive Purchases

It began in Might 2023 with a $250 million deal to acquire Metaco, a Swiss-based crypto custody supplier. It allowed Ripple to boost its enterprise choices, offering prospects with the expertise to custody, situation, and settle any tokenized belongings.

Lower than a yr 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 3 (to this point). Rail, a platform constructed to assist companies transfer cash with pace, transparency, and belief utilizing stablecoins and fiat collectively, was bought for $200 million.

Apart from 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 most costly was the acquisition of the prime dealer Hidden Highway. Though it was initially introduced in April, the deal became official earlier this week, and the platform is now referred to as Ripple Prime.

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

XRP Affect?

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 function within the general Ripple infrastructure, particularly because the introduction of the challenge’s stablecoin (RLUSD) on the finish of final yr.

Brad, many within the XRP neighborhood are attempting to grasp how the clearing and settlement course of will work now that Ripple has built-in Hidden Highway below 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 person tried to clarify that XRP is used for liquidity, and its true goal is to function a liquidity pool. The next 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 remedy the liquidity drawback, the person said.