Key Takeaways – Ripple is targeting a $1 billion revenue run rate by the end of 2026. – CEO Brad Garlinghouse emphasized that the figure excludes XRP holdings on the company’s balance sheet. – Garlinghouse’s comments reinforce the separation between Ripple’s operating business…
d XRP’s market performance. Ripple CEO Brad Garlinghouse has revealed an ambitious target for the blockchain payments company, saying Ripple expects to achieve a $1 billion annualized revenue run rate by the end of 2026, excluding any contribution from XRP holdings on its balance sheet
The statement underscores Ripple’s efforts to position itself as a fintech infrastructure provider rather than a company whose fortunes are tied primarily to the performance of XRP. The distinction comes amid years of debate over the relationship between Ripple’s operating business and the digital asset it helped develop. The revenue target highlights Ripple’s growing focus on enterprise payments, stablecoins, custody, and financial infrastructure services as it seeks to expand beyond its traditional cross-border payments business.
Hidden Road Acquisition and RLUSD Expansion Drive Growth Strategy Ripple has significantly broadened its product portfolio over the past year through a series of strategic initiatives. One of the company’s largest moves was its agreement to acquire prime brokerage firm Hidden Road for $1.25 billion in 2025. The acquisition gives Ripple access to institutional services including credit, clearing, and prime brokerage solutions.