Ripple Ends XRP Reports After SEC Deal, $1.25B Buyout
The post Ripple Ends XRP Reports After SEC Deal, $1.25B Buyout appeared on BitcoinEthereumNews.com.
Ripple ends the SEC lawsuit and shifts to real-time XRP updates via digital channels. The $1.25B Hidden Road deal aims to scale XRPL and support RLUSD growth. Institutional interest in XRP ETPs rises amid U.S. policy shift on crypto assets. Ripple is changing how it produces its XRP Markets Report after an eventful first quarter in 2025, including the end of its long-running legal case with the U.S. Securities and Exchange Commission (SEC) and the acquisition of prime brokerage platform Hidden Road. In Q1 2025, Ripple reached a settlement with the SEC, officially closing a case that began in December 2020. The lawsuit centered on whether XRP should be treated as a security under U.S. law and heavily influenced talks about digital asset rules in the U.S. New Way to Share Information With the SEC case resolved, Ripple CEO Brad Garlinghouse said the company will stop grouping updates into a single quarterly XRP Markets Report. Going forward, news about XRP and Ripple’s business will be shared as it happens through Ripple’s existing official channels, like its social media pages and the company website. Garlinghouse provided context on this change via X (formerly Twitter). Q1’25 was an incredible quarter for Ripple, with our acquisition of Hidden Road and end to the SEC case, not to mention institutional interest in XRP ETPs globally. Moving forward, the XRP Markets Report will look a little different. As some may remember, the objective of… https://t.co/0f9oarmi70 — Brad Garlinghouse (@bgarlinghouse) May 5, 2025 Hidden Road Purchase Aims to Grow Network Also in Q1, Ripple acquired Hidden Road for $1.25 billion. The move is intended to support scaling efforts around the XRP Ledger (XRPL) and Ripple’s U.S. dollar stablecoin, RLUSD. This deal represents an overall expansion to improve institutional access to Ripple’s network and asset-backed products. Related:…
Filed under: News - @ May 6, 2025 7:24 am