XRP Institutional Adoption Expands as Hidden Road Launches OTC Crypto Swaps Post-Ripple Acquisition

In a significant move for institutional cryptocurrency adoption, Hidden Road—Ripple’s prime brokerage arm—has unveiled an over-the-counter (OTC) crypto swaps product tailored for U.S. institutional investors. This launch marks a pivotal expansion in derivatives access within the world’s largest economy, addressing what the firm describes as a critical gap in institutional crypto infrastructure. The cash-settled swaps facilitate off-exchange trading across major digital assets, including XRP, which is currently priced at 2.19440000 USDT as of June 1, 2025. This development follows Ripple’s strategic acquisition of Hidden Road, further solidifying its foothold in the institutional crypto space. The introduction of OTC swaps is expected to enhance liquidity, reduce market friction, and provide U.S. institutions with a compliant avenue to gain exposure to cryptocurrencies. Analysts anticipate this could catalyze broader institutional participation in XRP and other digital assets, potentially driving long-term price appreciation. The move aligns with growing demand for regulated crypto derivatives amid increasing institutional interest in blockchain-based financial solutions.

Hidden Road Launches OTC Crypto Swaps for U.S. Institutions Following Ripple Acquisition

Ripple’s prime brokerage arm Hidden Road has introduced an over-the-counter crypto swaps product for U.S. institutional investors, marking a significant expansion of derivatives access in the world’s largest economy. The cash-settled swaps enable off-exchange trading across major digital assets, addressing what the firm calls a longstanding gap in institutional crypto infrastructure.

The launch follows Ripple’s $1.25 billion acquisition of Hidden Road earlier this year, positioning the combined entity to capitalize on surging institutional demand. OTC crypto volumes jumped 106% in 2023 as asset managers and hedge funds sought execution alternatives to public order books.

Hidden Road will offer the swaps through its FCA-regulated UK entity alongside cross-margining and financing services. The MOVE reflects growing sophistication in crypto derivatives as traditional finance workflows migrate to blockchain-based assets.

Hyperscale Data’s Subsidiary to Launch XRP Lending Platform for Public Firms

Ault Capital Group, a subsidiary of Hyperscale Data, is set to launch a beta version of an XRP-based lending platform in Q3 2025. The platform will exclusively serve companies listed on NYSE, NYSE American, and NASDAQ, offering XRP-denominated loans secured by company assets or convertible into stock. These loans must be repaid in XRP, potentially influencing exchange flows and market dynamics.

To mitigate volatility risks, the platform will utilize XRP futures contracts from the Chicago Mercantile Exchange (CME). This hedging strategy aims to stabilize the lending process amid fluctuating XRP prices. Hyperscale Data has already committed to acquiring up to $10 million worth of XRP to support the initiative, signaling strong institutional confidence in the asset.

The move marks a significant step toward bridging traditional finance with decentralized finance (DeFi), targeting enterprise-level adoption. By focusing on publicly traded firms, the platform could drive substantial liquidity and institutional interest into the XRP ecosystem.

Webus International Plans $300 Million XRP Reserve Amid Muted Market Response

Nasdaq-listed Webus International unveiled plans to raise $300 million through non-equity financing to establish an XRP treasury reserve, following VivoPower’s recent $121 million private offering for a similar strategy. Despite the announcement, XRP’s price remained flat, dipping only 0.5% on Thursday.

The AI-driven mobility firm aims to leverage XRP for cross-border payments across its transportation network, citing the token’s ability to eliminate traditional payment friction. Funding will be sourced from cash reserves, bank lending, and corporate-backed credit facilities, with additional plans to develop blockchain infrastructure including wallets and Web3 tokens.

Bitget Expands Stablecoin Offerings with Listing of Ripple USD ($RLUSD)

Bitget has added Ripple USD ($RLUSD) to its spot trading platform, marking a strategic move to diversify its stablecoin portfolio. The USD-pegged asset, issued by blockchain payments firm Ripple, is now available for trading on both Ethereum and XRP Ledger networks.

The listing comes amid growing institutional demand for regulated stablecoins. $RLUSD distinguishes itself through full reserve backing in USD cash and equivalents, positioning it as an enterprise-grade digital dollar alternative.

Bitget’s decision reflects broader industry trends, where exchanges are competing to offer compliant stablecoin options. The platform’s spot market continues to prioritize assets with clear utility and robust infrastructure.

XRP Price Slips Again — Is a Deeper Correction Underway?

XRP faces renewed selling pressure as it struggles to hold above key support levels. The cryptocurrency failed to sustain momentum after rejecting resistance at $0.3550, mirroring broader market weakness seen in Bitcoin and Ethereum.

Technical indicators show deteriorating conditions, with price action now trapped below both the $0.270 level and the 100-hour moving average. Market participants are watching the $0.2132 low as critical support—a breach could accelerate downward momentum.

The formation of a bearish trend line around $0.270 on Kraken’s XRP/USD charts suggests limited upside potential. Any recovery attempt must first conquer the $0.2440 resistance, which represents the 50% Fibonacci retracement of the recent decline.

XRP Eyes $13 Amid Strategic Expansions and ETF Developments

Ripple’s XRP, currently trading at $2, is positioned for significant growth as it continues to forge strategic partnerships and navigate regulatory landscapes. The token’s resilience and established market presence underscore its potential to reach higher price milestones, including a speculated $13 target.

Key to this trajectory are Ripple’s collaborations with financial institutions across Asia, the Middle East, and Latin America. These alliances bolster XRP’s global footprint and utility in cross-border payments. Meanwhile, the pending approval of 18 XRP ETFs by the U.S. SEC could unlock substantial capital inflows, further propelling the token’s valuation.

Regulatory clarity in the U.S. cryptocurrency market remains a critical factor. Clearer frameworks may accelerate institutional adoption, providing Ripple with the runway to scale its operations and token value. The company’s unwavering expansion efforts, even amid legal challenges, reflect confidence in its long-term vision.