Hidden Road will migrate its post-trade operations to the XRP Ledger (XRPL) to enhance settlement efficiency and reduce costs.

Quotes that support claims

Ripple expects the move will further showcase XRPL as a blockchain optimized for institutional DeFi use cases.

Hidden Road also plans to migrate its post-trade operations onto the XRP Ledger (XRPL), aiming to reduce costs and streamline settlement processes.