Ripple expands Robinhood partnership across financial services
Key points
- Ripple is expanding its partnership with Robinhood across stablecoins, treasury software and institutional trading.
- Ripple USD (RLUSD) has surpassed $2.4 billion in market capitalisation, while Robinhood serves 28.6 million funded customers.
- The agreement extends Ripple’s services across retail and institutional markets, including settlement, cash management and digital asset trading.
Ripple has expanded its partnership with Robinhood Markets, Inc. (NASDAQ:HOOD), extending stablecoin, treasury management and institutional trading services across its retail and institutional businesses.
The agreement links Ripple’s payment infrastructure with Robinhood’s retail platform and Bitstamp’s institutional trading services.
“What makes our partnership with Robinhood so exciting is the breadth of what we're building together,” according to Ripple President Monica Long.
Robinhood plans to integrate Ripple Treasury for cash management, forecasting, payments and risk management, while RLUSD will support institutional settlement on the XRP Ledger (XRPL).
“Utility is what moves stablecoins forward,” according to Robinhood Crypto and International Senior Vice President and General Manager Johann Kerbrat.
Ripple Prime will provide Bitstamp by Robinhood with lending and margin services across roughly 20 digital assets, with perpetual futures support planned for later in 2026.
The expansion comes as RLUSD’s market capitalisation exceeds $2.4 billion, global stablecoin supply tops $300 billion and Robinhood serves 28.6 million funded customers.
Following the announcement, Robinhood shares were up 1.85% at $94.56.
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