Pundits Share How XRP Could Benefit from the Ripple Acquisition of Hidden Road
The post Pundits Share How XRP Could Benefit from the Ripple Acquisition of Hidden Road appeared on BitcoinEthereumNews.com.
XRP community commentators have noted how XRP could also benefit from Ripple’s recent acquisition of Hidden Road. Ripple Acquires Hidden Road, But Concerns Emerge For context, Ripple recently announced the acquisition of prime brokerage firm Hidden Road for $1.25 billion. The development, which builds on Ripple’s growth strategy, triggered discussions within crypto circles, especially among XRP supporters. While much of the spotlight has focused on Ripple’s stablecoin RLUSD being utilized as collateral in institutional finance, several XRP investors have questioned how XRP fits into the picture. Addressing these concerns, WrathofKahneman (WOK), a well-known commentator in the XRP community, recently sought to clarify XRP’s role in this strategy. Hidden Road, a multi-asset prime brokerage handling over $3 trillion in annual trading volume, serves more than 300 institutional clients worldwide. With the recent purchase , Ripple looks to expand into institutional finance, becoming the only crypto firm to operate a global multi-asset brokerage platform. Notably, the acquisition also shows Ripple’s focus on developing reliable financial infrastructure and extending its influence in capital markets, moving beyond retail remittances. XRP Not Being Sidelined However, this move raised concerns among XRP holders when RLUSD was identified as the primary asset for collateral in Hidden Road’s offerings. Nonetheless, according to WOK, this development does not pose a threat to XRP’s utility but it’s rather an expansion of its reach. Predictably, people want to know, “What about #XRP?” given the Hidden Road news. The mention of #RLUSD collateral has unnerved some. This time, I think, is different. Here’s why: ▶️Both Brad and David talked about plugging the #XRPL into this financial infrastructure of deep… — WrathofKahneman (@WKahneman) April 8, 2025 He explained that Ripple executives Brad Garlinghouse and David Schwartz have both confirmed integrating the XRP Ledger (XRPL) into global capital markets, leading to a new phase…
