Ripple is advancing its institutional business with a $4 billion investment strategy aimed at building a comprehensive infrastructure on the XRP Ledger. This initiative includes custody, prime brokerage, payments, and stablecoin settlement services. Recently, Ripple acquired multi-asset prime broker Hidden Road for approximately $1.25 billion and integrated GTreasury for about $1 billion to embed RLUSD stablecoin settlements directly into enterprise ERP and TMS systems. Additionally, Ripple is piloting RLUSD with Mastercard, WebBank, and Gemini.