This acquisition marks a significant step in bridging the gap between traditional finance (TradFi) and decentralized finance (DeFi). By integrating Hidden Road, Ripple has drastically reduced settlement times on its XRP Ledger (XRPL) from 24 hours to a mere 3-5 seconds, enhancing transaction efficiency.
Further demonstrating its commitment to growth, Ripple is venturing into crypto custody. The company's acquisition of Metaco and the launch of "Ripple Custody" aims to provide institutions with a comprehensive suite of services. This move positions Ripple to capitalize on the anticipated growth of the tokenization market.
These strategic initiatives highlight Ripple's ambition to become a major player in the evolving landscape of digital finance, moving beyond the shadow of its past legal battles and embracing new opportunities.