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XRP News Today: Ripple Launches U.S. OTC Crypto Brokerage as Bitcoin DeFi Projects Gain Momentum

Ripple's strategic acquisition of Hidden Road for $1.25 billion has culminated in the launch of a U.S.-based digital assets prime brokerage, offering institutional investors access to cash-settled over-the-counter (OTC) crypto swaps. This move signifies Ripple's commitment to expanding its global presence as a non-bank prime broker in the digital asset space.

Simultaneously, StratoVM ($SVM), a Layer-2 solution aiming to bring smart contracts and AI capabilities to Bitcoin, has experienced a remarkable 2,939% surge over the past three months. This growth is fueled by the expanding Bitcoin DeFi (BTCFi) sector, which has seen total value locked (TVL) rise significantly.

XRP's Institutional Expansion: Hidden Road's U.S. OTC Launch

Hidden Road, recently acquired by Ripple, has officially launched a digital assets prime brokerage for the U.S. market, providing institutional investors with access to OTC crypto swaps. The service, operated through Hidden Road’s UK-based, FCA-regulated entity, includes cross-margining and financing services for digital assets.

Michael Higgins, International CEO and Global Head of Corporate Development at Hidden Road, stated, "The United States digital asset market has long been under-served from a product standpoint. With the launch of our swap prime brokerage capabilities, we can provide clients with access to an expanded range of products and solutions." 

Ripple's acquisition of Hidden Road aims to expand its global presence as a non-bank prime broker in the digital asset space, further integrating traditional finance with decentralized infrastructure. 

StratoVM ($SVM): Transforming Bitcoin into a DeFi and AI Powerhouse

While Ripple focuses on institutional expansion, StratoVM is making waves in the Bitcoin ecosystem. As a next-generation Layer-2 solution, StratoVM is designed to bring DeFi, AI integration, and smart contracts to Bitcoin's base layer without compromising security. 

Since its mainnet launch, StratoVM has gained significant traction. The token has surged by 2,939% over the past three months, now trading at approximately $0.041. This growth reflects increasing interest in Bitcoin-based infrastructure plays.

SVM 7-day chart, Source: CoinGecko

StratoVM currently holds a market capitalization of around $5.08 million, a tiny fraction compared to peers like CoreDAO, which boasts a market cap of approximately $701.9 million. The disparity suggests room for growth if StratoVM continues gaining traction in the emerging Bitcoin DeFi (BTCFi) space.

The BTCFi sector is experiencing rapid growth. According to DeFiLlama, total value locked in BTCFi has exploded from $307 million to $5.85 billion in the past year alone—a clear signal of demand for Bitcoin-native innovation.

StratoVM is already live on Uniswap, with rumors circulating about an upcoming centralized exchange (CEX) listing. Backed by over 50 strategic partners, the project is building strong momentum across the ecosystem. Its testnet activity also reflects growing user interest, boasting over 113,000 wallets and processing 56,000 daily transactions—early signs of real-world adoption.

If the project delivers on its vision, StratoVM could radically reshape Bitcoin's role in the broader crypto ecosystem—transforming it from digital gold into a programmable financial layer supporting DeFi, smart contracts, and AI-powered applications.

The Takeaway

Ripple's launch of Hidden Road's U.S. OTC brokerage marks a significant step in integrating traditional finance with the crypto ecosystem, potentially enhancing XRP's institutional adoption. Concurrently, StratoVM's impressive growth and innovative approach position it as a formidable player in the Bitcoin DeFi space. Crypto fans may find opportunities in both assets: XRP for its institutional strength and macro exposure, and StratoVM for early-stage innovation and the next evolution of Bitcoin DeFi.

Disclaimer: This article is for informational purposes only and does not constitute financial advice. Cryptocurrency investments carry risks, and readers should conduct their own research before making investment decisions.

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