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TimesTabloid 2025-05-06 07:36:01

Ripple CEO Discloses What Is Changing For Ripple and XRP

Ripple concluded the first quarter of 2025 on a decisive note, signaling a turning point in its operational and regulatory landscape. CEO Brad Garlinghouse described the quarter as “incredible.” The company shared a summary of the report on X, highlighting major accomplishments and revealing that this would be the final XRP Market Report. After years of litigation, the U.S. Securities and Exchange Commission (SEC) formally withdrew its appeal , marking one of the most significant developments for the company. Ripple, in turn, dropped its cross-appeal. As part of the final agreement, the SEC reduced its proposed penalty from $125 million to $50 million and agreed to request that the court vacate the previously issued injunction preventing XRP sales to institutional investors. Q1’25 was an incredible quarter for Ripple, with our acquisition of Hidden Road and end to the SEC case, not to mention institutional interest in XRP ETPs globally. Moving forward, the XRP Markets Report will look a little different. As some may remember, the objective of… https://t.co/0f9oarmi70 — Brad Garlinghouse (@bgarlinghouse) May 5, 2025 Strategic Acquisition to Support XRP and RLUSD Ripple recently completed the $1.25 billion acquisition of Hidden Road , a prime brokerage platform. The company stated that this acquisition will help accelerate institutional adoption of the XRP Ledger (XRPL) and Ripple’s stablecoin, RLUSD. Garlinghouse highlighted the strategic nature of this move, describing it as a critical driver for Ripple’s broader product expansion and institutional engagement. Institutional Interest in XRP Intensifies Institutional demand for XRP-related financial instruments also showed considerable momentum. XRP outperformed Bitcoin and Ethereum during the quarter, rising nearly 50% in early February. Investment products linked to XRP attracted $37.7 million in quarterly inflows, bringing the year-to-date total to $214 million, just short of surpassing global Ethereum-based funds. We are on twitter, follow us to connect with us :- @TimesTabloid1 — TimesTabloid (@TimesTabloid1) July 15, 2023 Notably, new XRP-based exchange-traded products (ETPs), including Franklin Templeton’s spot XRP ETF filing and Teucrium’s leveraged ETF launch , reflect growing investor interest. The anticipated debut of XRP futures on CME and the regulatory approval of a dedicated XRP ETF in Brazil further highlight expanding global access. Policy Developments Signal Regulatory Shift From a regulatory standpoint, the current U.S. administration has introduced several measures that favour the crypto industry. Key developments include the appointment of Paul Atkins as SEC Chairman and repealing SAB 121, which had previously constrained bank participation in crypto custody. New guidance from the OCC further enables financial institutions to engage in crypto-related activities. The Evolution of XRP Markets Report Following its Q1 report, Ripple has announced changes to its longstanding XRP Markets Report. Originally launched in 2017 to promote transparency regarding XRP holdings, the report is being retired in its current form. Despite the intent for transparency, Garlinghouse acknowledged that the report was “used against us by the SEC and others.” Going forward, Ripple will continue disclosing its XRP holdings on its website and shift to communicating updates through official social media channels rather than quarterly reports. Disclaimer : This content is meant to inform and should not be considered financial advice. The views expressed in this article may include the author’s personal opinions and do not represent Times Tabloid’s opinion. Readers are urged to do in-depth research before making any investment decisions. Any action taken by the reader is strictly at their own risk. Times Tabloid is not responsible for any financial losses. Follow us on X , Facebook , Telegram , and Google News The post Ripple CEO Discloses What Is Changing For Ripple and XRP appeared first on Times Tabloid .

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