At Ripple Swell 2025 in New York, Ripple CTO David Schwartz and Evernorth CEO Asheesh Birla unveiled bold plans to advance institutional XRP adoption. Evernorth confirmed an additional $214 million XRP acquisition, bringing total holdings to nearly $1 billion. Birla emphasized a responsible, long-term growth strategy, focused on digital asset treasuries and regulated DeFi integration. Schwartz highlighted the XRP Ledger’s scalability, capable of 1,500 TPS, as the backbone for institutional treasuries. With Evernorth poised to become the largest public XRP holder, both leaders signaled that 2025 marks a defining year for XRP’s evolution in global finance.

At Ripple Swell 2025, a BlackRock executive announced plans to tokenize real-world assets through Securitize on the XRP Ledger, declaring, “The market is ready — trillions in value are about to move on-chain.” The move marks a significant milestone in integrating traditional finance with blockchain, signaling the dawn of a new digital finance era driven by institutional adoption and on-chain innovation.

At Swell 2025, Ripple CEO Brad Garlinghouse warned against the growing political divide in crypto, saying, “Technology should not be partisan.” He emphasized that regulation must focus on outcomes, not the technology itself, calling the politicization of crypto “a cliff.” Garlinghouse’s remarks highlight Ripple’s push for balanced, innovation-driven regulation as the U.S. shapes its next phase of digital asset policy.

Ripple has closed a $500 million strategic investment round at a $40 billion valuation, led by Fortress Investment Group and Citadel Securities. The company revealed over $95 billion in payment volume, a $1 billion RLUSD stablecoin market cap, and six major acquisitions in just two years. Ripple also repurchased 25% of its shares, tripled Ripple Prime’s growth, and secured 75 global regulatory licenses, solidifying its mission to build the Internet of Value.

At Ripple Swell 2025, U.S. Crypto Chief Patrick Witt declared, “Bitcoin is not XRP,” predicting a crypto market worth tens of trillions by year-end. In a dynamic discussion with Ripple CEO Brad Garlinghouse, Witt revealed the White House’s push for the Market Structure Bill, aimed at restoring U.S. crypto dominance. With stablecoin growth, regulatory clarity, and major acquisitions rising, Witt said, “This is the decade crypto and traditional finance finally fuse.”

Ripple has teamed up with Mastercard, WebBank, and Gemini to roll out RLUSD-based settlement on the XRP Ledger. The collaboration will debut with the Gemini XRP Credit Card, enabling instant, transparent, and compliant fiat credit card settlements through blockchain technology. This move marks a major leap in bridging traditional finance with digital assets, setting a new standard for institutional payment efficiency.