Ripple and Immunefi Launch $200K XRP Bug Bounty to Secure XRPL Lending Protocol
Ripple has teamed up with blockchain security leader Immunefi to host a high-stakes "Attackathon" with $200,000 in rewards for ethical hackers. Running from October 27 to November 29, 2025, this global initiative targets the XRPL Lending Protocol, aiming to uncover vulnerabilities before its institutional deployment. As of November 10, 2025, the competition remains active, underscoring Ripple's proactive approach to security amid its expansion into institutional finance. The XRPL Lending Protocol represents a significant evolution for XRP's utility, potentially driving long-term value appreciation as Ripple strengthens its infrastructure for enterprise adoption.
Ripple and Immunefi Launch $200K Bug Bounty for XRPL Lending Protocol
Ripple has partnered with blockchain security firm Immunefi to host a global "Attackathon" with $200,000 in rewards for ethical hackers. The event, running from October 27 to November 29, 2025, aims to identify vulnerabilities in the XRPL Lending Protocol before its real-world deployment. This initiative highlights Ripple's commitment to security as it expands into institutional finance.
The XRPL Lending Protocol, developed under XLS-66, diverges from traditional DeFi models by incorporating off-chain creditworthiness assessments. Institutions can apply their own risk models while maintaining transparent loan records on the XRP Ledger. This hybrid approach bridges blockchain efficiency with traditional finance compliance.
Ripple's $1B GTreasury Acquisition and XRP Treasury Plan Signal Strategic Expansion
Ripple's $1 billion acquisition of GTreasury positions the firm to leverage global treasury management infrastructure for payments and stablecoin growth. The deal grants access to 1,000+ institutional clients across 160 countries, including Fortune 500 companies—a ready-made distribution channel for Ripple's financial solutions.
CEO Brad Garlinghouse emphasized the synergy's potential to unlock trapped capital in legacy systems. This marks Ripple's third major purchase in 2024 after its $1.25 billion Hidden Road acquisition, forming a corporate liquidity engine capable of automating short-term asset yields through repo markets.
Concurrently, plans for a $1 billion XRP treasury demonstrate institutional conviction in the token's long-term utility. Early-stage investors are diversifying into presale projects like $SNORT, $SUBBD, and $RTX, betting on the next wave of crypto adoption.
Ripple is Building the Future of Finance with XRP Treasury, Says John Deaton
Ripple CEO Brad Garlinghouse announced the company's $1.25 billion acquisition of GTreasury, a global corporate treasury management firm, on October 16. The deal aims to merge Ripple's blockchain-powered payment technology with GTreasury's cash management systems, enabling CFOs to handle stablecoins, tokenized deposits, and idle capital more efficiently.
Crypto lawyer John Deaton highlighted Ripple's strategic vision, noting this as its seventh major acquisition. The MOVE underscores Ripple's push to bridge traditional finance with decentralized solutions, building an end-to-end financial infrastructure.
Recent acquisitions include Hidden Road ($1.25B) for prime brokerage, Rail ($200M) for stablecoin infrastructure, and Metaco ($250M) for institutional custody. These steps position Ripple as a key player in the convergence of blockchain and mainstream finance.
