A Power Move From Ripple
Ripple just dropped $1.25 billion to buy prime brokerage firm Hidden Road — and according to Ripple’s CTO, David Schwartz, this could be a “defining moment” for the XRP Ledger (XRPL).
Hidden Road isn’t just another finance company. It’s a prime broker handling over $10 billion in daily transactions for more than 300 institutional clients. That’s serious firepower.
What This Means for XRP Ledger
Until now, XRPL’s dream of becoming a hub for tokenized real-world assets (RWAs) was more idea than reality. There are currently only about $50 million worth of RWAs floating on XRPL.
But Schwartz is thinking big. He hinted that even a small slice of Hidden Road’s daily action moving to XRPL could completely change the game.
Tokenized assets like real estate, bonds, and commodities might soon be living comfortably on XRPL — and that’s exactly what Ripple wants.
The Tokenization Gold Rush
Tokenizing real-world assets is heating up fast. Analysts expect this market to hit at least $2 trillion by 2030. Major players like CME Group and even Google are experimenting with tokenization technology.
Ripple’s move places XRPL right in the middle of this upcoming gold rush. And with Hidden Road’s institutional clout, Ripple might have just found its express lane.