Ripple has announced that it has finalized the acquisition of stablecoin startup Rail.
“With this acquisition, Ripple Payments is the market’s most comprehensive end-to-end stablecoin solution,” the announcement said.
As reported by U.Today, Ripple acquired the Toronto‑based stablecoin payment infrastructure company for a total of $200 million.
The firm handles a significant portion of global stablecoin‑based business transfers, which is why the acquisition is rather notable. In fact, it is responsible for 10% of all B2B stablecoin payments worldwide.
Other notable acquisitions
The San Francisco-based company kicked off its 2025 acquisition spree with Hidden Road. Ripple purchased the global multi‑asset prime broker for about $1.25 billion.
The company completed the transaction and rebranded Hidden Road as Ripple Prime in October.
After announcing the Rail acquisition, the enterprise blockchain company also bought GTreasury, a major corporate treasury management software provider, for $1 billion.
Ripple also bought Palisade, a custody and wallet‑as‑a‑service provider, to bolster its institutional custody solutions.
These acquisitions form a full‑stack financial infrastructure aimed at serving banks, corporates, and institutional users.