The recent purchase by Ripple of the brokerage company Prime Hidden Road for $ 1.25 billion draws a lot of attention to the crypto and the larger financial sectors.
But according to lawyer XRP John DeatonThe agreement is not more than growth – it shows that the Crypto Company wants to obtain a large piece of the institutional finance market, which could be worth more than 16 dollars billions over the next five years.
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For those who have missed the news, Hidden Road deals with more than 3 dollars in annual transactions for more than 300 institutional customers, and it joined the XRP LEDGER (XRPL) in its post-exchange settlement operations.
Ripple has worked hard to extend its services with the launch of police custody and certain acquisitions, such as Metaco and standard guard, and it seems that they have larger plans than simple payments and sending of funds.
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For Deaton, Ripple is secretly preparing to be a big actor for institutions who wish to enter the blockchain market. They offer custody, payments and Stablecoin services in one place, which is excellent news for the movement of assets.
The global childcare market could exceed 16 billions of dollars of token workers by the end of the decade, says the lawyer, and Ripple's investments suggest that he intends to be deeply involved in this next phase of financial infrastructure.
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The company builds the backbone necessary for banks and asset managers for all tokenize, stocks and obligations to real estate directly on XRPL thanks to its daycare solutions and the use of the RUSD as a settlement and guarantee tool.
While Ripple's regulatory battles may have slowed down its progress in previous years, Deaton has said that the company moves aggressively now, putting the parts in place to meet large -scale institutional demand.
