Ripple Spent Nearly $3 Billion On Acquisitions To Link TradFi And Crypto
Reports say Ripple has spent close to $3 billion on acquisitions since 2023 as it pushes to connect traditional financial systems with crypto infrastructure. The update was shared by Brad Garlinghouse, who said the company’s recent deals are aimed at linking established finance firms with blockchain-based services. Acquisition Strategy Since 2023 Since 2023, Ripple has completed six acquisitions with disclosed values totaling about $2.7 billion. Reports say that when undisclosed transactions and partnerships are included, estimates place the figure above $4 billion. Among the purchases was Metaco , acquired for $250 million. The company later bought Standard Custody, though the financial terms were not made public. In 2025, Ripple announced the acquisition of Hidden Road for $1.25 billion. It also purchased stablecoin payments platform Rail for $200 million and wallet technology provider Palisade for an undisclosed amount. Treasury Management And Payment Flows A major part of t...