Ripple just lately introduced that it has accomplished its acquisition of Hidden Street. With this, Hidden Street turned a part of Ripple and formally turned Ripple Prime. The transfer is historic as Ripple turns into the primary crypto firm to personal and function a world multi-asset prime dealer, bringing the promise of digital property to institutional shoppers at scale.
Earlier this yr, Ripple introduced its intention to accumulate Hidden Street, a number one non-bank prime dealer that gives monetary establishments with a one-stop store for superior providers together with clearing, prime brokerage, overseas trade, digital property, derivatives, swaps, and lending throughout fastened revenue.
Ripple mentioned the transfer marks an thrilling new chapter, noting that because the preliminary acquisition announcement, Ripple Prime’s enterprise has grown threefold and expects additional progress with new and present prospects.
That is Ripple’s fifth main acquisition up to now two years, together with final week’s acquisition of economic administration system supplier GTreasury, the acquisition of stablecoin-powered funds platform Rail in August 2025, the acquisition of Customary Custody in June 2024, and the introduced acquisition of Metaco in Could 2023.
Ripple CEO breaks silence
In a tweet, Ripple President Monica Lengthy responded to the current announcement of the Ripple Prime platform, emphasizing that it comes with huge alternatives.
The alternatives out there to Ripple Prime (aka Hidden Street) are huge. The longer term may be very brilliant as $RLUSD is already getting used as collateral for a lot of prime brokerage merchandise and Ripple Prime is exploring other ways to leverage XRP. https://t.co/YFSUQlyeOO
— Monica Lengthy (@MonicaLongSF) October 24, 2025
Lengthy mentioned the longer term seems to be very brilliant for Ripple Prime because it explores some ways to make the most of XRP and RLUSD, that are already used as collateral for prime brokerage merchandise.
Ripple’s funds infrastructure, cryptocurrency custody and stablecoins, and use of XRP are anticipated to enhance the providers provided inside Ripple Prime.
Ripple Prime can be anticipated to extend the utility and develop the attain of Ripple USD stablecoin RLUSD. Some derivatives prospects have already chosen to carry their balances in RLUSD, and that quantity is predicted to extend within the coming months.
