Ripple CEO Announces Key Change in XRP Reports

Ripple has announced a major change to its quarterly XRP Markets Report following a highly eventful first quarter of 2025, marked by the acquisition of Hidden Road, the resolution of its long-running SEC case, and a surge in institutional interest in XRP exchange-traded products (ETPs) around the world.
According to Brad Garlinghouse, CEO of Ripple, while the format of the report will change, the company’s commitment to transparency remains firm. The original goal of the XRP Markets Report, launched in 2017, was to provide clarity around Ripple’s XRP holdings.
However, the company notes that this transparency was at times used against it — particularly in regulatory disputes.
Moving forward, Ripple says XRP holdings will continue to be publicly available via ripple.com/xrp, but updates on XRP and market developments will now be shared in real time through Ripple’s social media channels, rather than in a consolidated end-of-quarter report.
The shift reflects Ripple’s efforts to modernize communications as it expands into new institutional markets while maintaining transparency for investors and the broader crypto community.