Ripple President Monica Long recently shared valuable insights about the latest developments at Ripple in a recent interview. She discussed the firm’s recent acquisition of Hidden Road, a blockchain firm known for its prime brokerage services. The acquisition is aimed at enhancing Ripple’s core offerings such as payments, custody, and asset tokenization. Long highlighted that this move aligns with Ripple’s goal of building robust financial infrastructure for enterprises and expressed excitement about integrating Hidden Road’s services with Ripple’s ecosystem. She also mentioned that Ripple now holds more than 60 regulatory licenses worldwide, giving it an advantage in delivering end-to-end financial services.
Long emphasized the importance of combining prime brokerage, post-trade settlement via the XRP Ledger (XRPL), and Ripple’s institutional-grade custody to unlock major efficiencies. She believes that these developments will pave the way for Ripple’s most successful year yet, with 2025 shaping up to be a significant year for the company. Additionally, recent Ripple Director Craddock highlighted the potential of the Hidden Road deal and explained the role of the XRP Ledger in it.
In another positive update, Ripple CEO Brad Garlinghouse praised the CME Group’s move to introduce XRP Futures on May 19. He described the launch as a major milestone for XRP’s market maturity, despite being “overdue.” This development has sparked optimism within the XRP community, with Garlinghouse emphasizing the importance of this step in the continued growth of the XRP market. Both Monica Long and Brad Garlinghouse’s comments have contributed to boosting market sentiment and confidence in Ripple’s future prospects.
Monica Long highlighted Ripple’s strength in handling the full financial flow, from liquidity sourcing to last-mile payouts, with XRP and the upcoming RLUSD stablecoin playing central roles in the infrastructure. She predicted that Ripple’s growing stack of services would lead to a significant increase in digital asset utility. Garlinghouse’s positive response to the introduction of XRP Futures further reinforces the company’s commitment to driving XRP’s market growth and maturity. The collaboration between Long and Garlinghouse reflects a unified vision for Ripple’s future success.
With a global push for its financial infrastructure and a strong network built brick by brick, Ripple is poised for success in the coming years. The acquisition of Hidden Road and the introduction of XRP Futures signal Ripple’s commitment to expanding its offerings and enhancing its market presence. Long’s prediction of 2025 being the best year yet for Ripple has generated excitement among investors and traders, further bolstering market sentiment. As Ripple continues to innovate and expand its services, the company is well-positioned to achieve significant milestones in the cryptocurrency space.
