Strategic Growth
Ripple Acquisitions
How Ripple has expanded its capabilities through strategic acquisitions, building a comprehensive suite of enterprise financial infrastructure.
The Acquisition Strategy
Ripple's acquisition strategy focuses on building a complete financial infrastructure stack. Rather than competing with existing players, they acquire proven technology and teams to accelerate their roadmap.
Each acquisition fills a strategic gap: custody, prime brokerage, regional payment networks, and compliance tools. Together, they create an end-to-end solution for institutional clients.
Custody
Secure asset storage
Prime Brokerage
Institutional trading
Regional Networks
Local payment rails
Compliance
Regulatory tools
Major Acquisitions
Strategic deals that shaped Ripple's capabilities
Hidden Road
Prime Brokerage & Credit Network
$1.25B
Acquisition Price
Ripple's largest acquisition ever. Hidden Road is a prime brokerage and credit network serving institutional clients. The deal positions Ripple as a one-stop shop for institutional crypto, offering custody, trading, and prime services.
What They Got
Prime brokerage, credit facilities, FX services
Why It Matters
Competes with Coinbase Prime, FalconX
Status
Announced, pending close
Metaco
Institutional Custody & Tokenization
$250M
Acquisition Price
Swiss-based digital asset custody and orchestration platform. Metaco serves tier-1 banks including Citi and BBVA. This acquisition gave Ripple institutional-grade custody infrastructure trusted by the world's largest financial institutions.
What They Got
Bank-grade custody, tokenization platform
Key Clients
Citi, BBVA, Societe Generale
Now Called
Ripple Custody
Tranglo
Asia-Pacific Payment Network
40%
Stake Acquired
Malaysia-based cross-border payments company with licenses in 130+ countries, focused on Southeast Asia. This stake gave Ripple access to key APAC payment corridors and local banking relationships.
Coverage
130+ countries, APAC focus
Why It Matters
Local licenses & relationships
ODL Corridors
Philippines, Thailand, more
Algrim
Crypto Trading Technology
Undisclosed
Acquisition Price
Iceland-based cryptocurrency trading and market-making technology company. The acquisition brought engineering talent and trading infrastructure to support ODL market-making operations.
Logos Network
Blockchain Engineering Team
Undisclosed
Acquisition Price
Layer-1 blockchain project acquired primarily for its engineering team. The team brought expertise in consensus mechanisms and distributed systems to Ripple's R&D efforts.
Acquisition Timeline
2019
Algrim
Logos
2021
Tranglo
40%
2023
Metaco
$250M
2025
Hidden Road
$1.25B
Total acquisition spending has accelerated significantly, with 2025's Hidden Road deal alone exceeding all previous acquisitions combined.
What's Next?
Based on Ripple's stated strategy and industry trends, these areas could be targets for future acquisitions:
Compliance/KYC
Identity verification and AML tools for institutional clients
Stablecoin Infra
Supporting RLUSD ecosystem growth
Regional Players
More regional payment networks like Tranglo
DeFi/AMM
XRPL DeFi infrastructure and tooling
Learn More About Ripple
Understand how these acquisitions fit into Ripple's broader strategy.