Why Has Ripple Spent $2.7 Billion In Acquisitions In 3 Years, And What Does It Have To Do With XRP?

bitcoinistPublished on 2026-02-26Last updated on 2026-02-26

Abstract

Ripple, the largest XRP holder, has spent over $2.7 billion acquiring six companies in three years, including major purchases like Hidden Road ($1.25B), GTreasury ($1B), and Metaco ($250M). These acquisitions aim to bridge traditional and decentralized finance under CEO Brad Garlinghouse’s vision. Despite Ripple’s expansion and its treasury processing $13 trillion in non-crypto payments last year, the XRP community is concerned as these developments have not significantly boosted XRP’s price. Ripple plans to focus on integrating its acquisitions in early 2026.

Ripple, a crypto payments company and the largest XRP holder, has been aggressively expanding and developing its infrastructure for the past three years. Within this short timeframe, the crypto firm has acquired six different companies, spending more than $2.7 billion. While these acquisitions have significantly expanded Ripple’s use cases and demand, many in the crypto community are concerned about how these ecosystem developments could impact XRP’s price.

Why Ripple Spent $2.7 Billion On Acquisitions

On Monday, February 23, an XRP commentator identified as ‘Ledger Man’ on X outlined several key reasons behind Ripple’s aggressive buying spree over the past three years. Ledger Man noted that the crypto company, led by CEO Brad Garlinghouse, has been incredibly busy since 2023, buying six different companies and expanding into new markets.

He noted that during this short period, Ripple has spent a total of $2.7 billion on company acquisitions. Among the crypto firm’s largest purchases are:

  • Hidden Road, a London-based prime brokerage and credit network, was acquired for $1.25 billion.
  • GTreasury, a cloud-based SaaS treasury and risk management platform, was acquired for $1 billion.
  • Metaco, a Swiss-based technology company, was acquired for $250 million.

Notably, after Ripple completed its acquisition in October 2025, Hidden Road was officially rebranded as ‘Ripple Prime’ and now operates as an institutional prime brokerage for the crypto payments firm. GTreasury has also been repositioned under the name ‘Ripple Treasury’ while Metaco has continued operating under its original brand name as a subsidiary digital asset custody unit.

Beyond these companies, Ripple has also bought Rail, Standard Custody, and Dom Kwok. Ledger Man noted that the primary reason for these acquisitions stems from Garlinghouse’s long-term vision to bridge the gap between Traditional Finance (TradFi) and Decentralized Finance (DeFi).

In addition, the XRP commentator highlighted that Garlinghouse previously shared an intriguing fact about Ripple Treasury, revealing that the company had processed $13 trillion in payments last year, yet not a single transaction involved cryptocurrencies or stablecoins. The Ripple CEO also mentioned that over 1,000 big companies use Ripple Treasury’s technology, and many of their leaders are now showing interest in using crypto-based tools.

For now, Ledgerman has stated that Ripple plans to slow its aggressive buying spree. Moving forward, the company will focus on combining all of its acquired companies and integrating them into a unified system during the first half of 2026. Ledger Man also noted that the crypto payments company is particularly enthusiastic about two major deals that are already exceeding expectations.

What This Has To Do With XRP

Many in the crypto community have expressed concerns that Ripple’s acquisitions have not been a major driver for the XRP price. As the largest holder of the token, Ripple’s initiatives typically act as a catalyst for XRP. However, recent price action and market activity offer little evidence of a significant change following the company’s latest acquisitions.

One crypto member laments that Ripple’s buying spree has done “nothing” for the XRP price, while others argue that, although the crypto company thrives, token holders are getting left behind.

XRP trading at $1.37 on the 1D chart | Source: XRPUSDT on Tradingview.com

Related Questions

QHow much has Ripple spent on acquisitions in the past three years and how many companies did it acquire?

ARipple has spent more than $2.7 billion to acquire six different companies in the past three years.

QWhat were the three largest acquisitions made by Ripple and how much did each cost?

AThe three largest acquisitions were: Hidden Road (acquired for $1.25 billion), GTreasury (acquired for $1 billion), and Metaco (acquired for $250 million).

QAccording to the XRP commentator 'Ledger Man', what is the primary reason behind Ripple's aggressive acquisition strategy?

AThe primary reason is CEO Brad Garlinghouse's long-term vision to bridge the gap between Traditional Finance (TradFi) and Decentralized Finance (DeFi).

QWhat did the Ripple CEO reveal about the transactions processed by Ripple Treasury (formerly GTreasury) last year?

AThe Ripple CEO revealed that Ripple Treasury processed $13 trillion in payments last year, and not a single transaction involved cryptocurrencies or stablecoins.

QWhat is the main concern within the crypto community regarding Ripple's acquisitions and the XRP token?

AThe main concern is that Ripple's aggressive acquisitions and business expansion have not acted as a major catalyst for the price of XRP, leaving some token holders feeling left behind despite the company's growth.

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