XRP News Today: XRP Gains Momentum as Ripple SEC Lawsuit Nears End—Is a U.S. XRP ETF Closer Than Ever?
The post XRP News Today: XRP Gains Momentum as Ripple SEC Lawsuit Nears End—Is a U.S. XRP ETF Closer Than Ever? appeared on BitcoinEthereumNews.com.
Ripple is roaring back into action, rapidly regaining momentum after spending years entangled in a high-stakes legal battle with the U.S. Securities and Exchange Commission (SEC). The XRP lawsuit, long viewed as a cloud over Ripple’s ambitions, appears to be nearing its conclusion, opening the door for expansion, innovation, and potentially even an XRP spot ETF in the United States. Ripple’s Strategic Expansion Accelerates After XRP SEC Lawsuit Pressure Eases According to pro-XRP attorney John E. Deaton, Ripple’s recent $1.25 billion acquisition of Hidden Road, a leading institutional brokerage, reflects a calculated pivot toward integrating traditional finance (TradFi) with decentralized finance (DeFi). Ripple’s $1.25B acquisition of Hidden Road marks a landmark fusion of TradFi and DeFi, positioning Ripple as a one-stop blockchain powerhouse for institutional finance. Source: John E Deaton via X Hidden Road, which processes more than $3 trillion annually for over 300 institutional clients, will now utilize the XRP Ledger (XRPL) for post-trade settlements. The result? A dramatic reduction in settlement times—from 24 hours to just 3–5 seconds. “This may be the best example of TradFi and DeFi convergence in crypto,” Deaton noted on X, highlighting Ripple’s re-entry into aggressive expansion following years of regulatory headwinds. Ripple Custody and Tokenization: A New Frontier for XRP Ledger Ripple’s roadmap isn’t limited to payment settlements. The company is also investing heavily in custody solutions, a move viewed as foundational for the future of digital finance. Ripple’s earlier acquisitions of Metaco and Standard Custody now power its new service, Ripple Custody, which offers secure digital asset storage for institutional clients. Ripple is expanding XRPL beyond payments by adding real-world asset custody and tokenization infrastructure. Source: JDNomax via X “There’s a very specific reason Ripple now offers custody,” said Deaton. “By combining custody, payments, and stablecoin solutions, Ripple becomes a one-stop blockchain…
Filed under: News - @ April 29, 2025 4:26 pm