From Payments to Prime Brokerage: Ripple’s Billion-Dollar Buying Spree
In just over two years, Ripple has embarked on a strategic acquisition streak, closing six deals — including two worth over $1 billion each.
In April 2025, Ripple announced the $1.25 billion acquisition of Hidden Road, a prime brokerage platform aimed at integrating institutional liquidity with digital asset markets. A month later, it revealed the $1 billion purchase of GTreasury, a leader in corporate treasury management systems, fortifying Ripple’s foothold in blockchain-based finance operations.
Earlier this year, the company also acquired Rail, a stablecoin infrastructure firm, marking another step toward bridging the gap between traditional finance and decentralized systems.
Ripple’s Expanding Role in Global Payments and Stablecoins
Ripple’s blockchain-powered payments network, originally its core business, now processes more than $95 billion in payment volume — a staggering leap that demonstrates the real-world adoption of its cross-border settlement technology.
Following the passage of the GENIUS Act, which created the first U.S. federal framework for stablecoins, Ripple said institutional clients have increasingly turned to its RLUSD token for treasury operations and collateral management.
The company called the GTreasury acquisition “a key driver of this institutional shift,” enabling companies to manage liquidity, payments, and digital assets seamlessly under one blockchain-based roof.
