▾ G11 Media Network: | ChannelCity | ImpresaCity | SecurityOpenLab | Italian Channel Awards | Italian Project Awards | Italian Security Awards | ...
InnovationOpenLab

Ripple and Robinhood Partner to Power the Next Generation of Finance

Ripple, the leading provider of blockchain solutions across traditional and digital finance, and Robinhood, a global leader in financial services, today announced a strategic partnership that provides...

Immagine

Ripple’s stablecoin, RLUSD, to play a key role across Robinhood’s retail and institutional businesses as the companies deepen ties across treasury and institutional markets

SAN FRANCISCO: Ripple, the leading provider of blockchain solutions across traditional and digital finance, and Robinhood, a global leader in financial services, today announced a strategic partnership that provides one of the industry’s largest consumer and institutional trading platforms with a single, trusted entry point to Ripple’s infrastructure across stablecoins, institutional markets and treasury management.

Ripple USD (RLUSD) will be a key stablecoin across Robinhood’s digital asset ecosystem, expanding access to the enterprise-grade stablecoin for both retail and institutional use. RLUSD is live today on Robinhood Chain and Bitstamp by Robinhood, and is expected to be available later this year in the Robinhood app. Robinhood will leverage RLUSD on the XRPL for institutional settlement, extending the stablecoin’s utility across Bitstamp by Robinhood’s growing institutional business.

The relationship also spans Robinhood’s own financial operations: the company will integrate Ripple Treasury to modernize and automate its global treasury operations, including cash and liquidity management, cash flow forecasting, payments, risk management and intercompany netting.

The partnership also extends across institutional markets through Ripple Prime, building on an existing relationship between the companies across financing, liquidity and market access. Ripple Prime provides Bitstamp by Robinhood with lending and margin financing across roughly 20 digital assets and gives Ripple Prime clients access to trade spot on Bitstamp. Later in the year Ripple Prime will support perpetual futures trading on Bitstamp.

“What makes our partnership with Robinhood so exciting is the breadth of what we're building together,” said Monica Long, President, Ripple. “From bringing RLUSD to retail and institutional markets to helping Robinhood manage its own treasury operations, this partnership reflects growing institutional demand for integrated solutions that support both customer-facing offerings and core financial operations. And that's exactly where Ripple delivers.”

“Utility is what moves stablecoins forward. Working with Ripple, Bitstamp and Robinhood will have access to RLUSD for institutional settlement, Ripple Treasury for our operations, and Ripple Prime for financing,” said Johann Kerbrat, SVP & GM of Robinhood Crypto and International. “That is what a connected, global financial system looks like."

The partnership comes as stablecoins move from crypto trading tools into core financial infrastructure. Total stablecoin supply now exceeds $300 billion, and RLUSD has grown to more than $2.5 billion in market capitalization since launching in December 2024. Robinhood serves 28.6 million funded customers globally, including institutional clients through Bitstamp. Together, Ripple and Robinhood bring complementary capabilities across institutional markets, putting traditional and digital assets to work across a broad range of financial use cases.

About Ripple

Founded in 2012, Ripple is the leading provider of blockchain solutions rewiring the global financial system. With over 85 licenses, Ripple provides a single trusted entry point for enterprises with payments, custody, prime brokerage and treasury management solutions. Ripple’s stablecoin, RLUSD, and the digital asset XRP underpin these capabilities, enabling Ripple and its customers to bridge the worlds of traditional and digital finance.

About Robinhood

Robinhood Markets, Inc. (NASDAQ: HOOD) is a global leader in financial services offering retail brokerage, crypto, advisory, digital banking services, and private markets access to a new generation of investors. Additional information about Robinhood can be found at www.robinhood.com.

Fonte: Business Wire

If you liked this article and want to stay up to date with news from InnovationOpenLab.com subscribe to ours Free newsletter.

Related news

Last News

RSA at Cybertech Europe 2024

Alaa Abdul Nabi, Vice President, Sales International at RSA presents the innovations the vendor brings to Cybertech as part of a passwordless vision for…

Italian Security Awards 2024: G11 Media honours the best of Italian cybersecurity

G11 Media's SecurityOpenLab magazine rewards excellence in cybersecurity: the best vendors based on user votes

How Austria is making its AI ecosystem grow

Always keeping an European perspective, Austria has developed a thriving AI ecosystem that now can attract talents and companies from other countries

Sparkle and Telsy test Quantum Key Distribution in practice

Successfully completing a Proof of Concept implementation in Athens, the two Italian companies prove that QKD can be easily implemented also in pre-existing…

Most read

PixVerse and OpenAI Collaborate on “Prompt to Production”, a New Learning…

#OpenAI--PixVerse and OpenAI announced Prompt to Production, a collaborative educational initiative designed to help people and teams using AI in their…

YouCam Integrates Newly Released Kling 4.0 API to Turn Photos into 30-Second…

Perfect Corp. (NYSE: PERF), a global leader in augmented reality (AR) and artificial intelligence (AI) beauty and fashion tech, today announced that YouCam…

ServiceNow delivers industry-first personal enterprise agent and policy…

NVIDIA GTC — ServiceNow (NYSE: NOW), the Super Intelligence Control Tower for business reinvention, today announced significant updates designed to bring…

Agent Assurance by TestMu AI Is Now Generally Available, Letting Teams…

#AIAgents--TestMu AI (formerly LambdaTest), the world's first Agentic AI-powered Quality Engineering platform, today announced the general availability…

Newsletter signup

Join our mailing list to get weekly updates delivered to your inbox.

Sign me up!