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You are correct, the objective of ranked choice voting is not to empower the two existing parties. It is to create a system that it amenable to having more than two parties so of course the powers that be who benefit from that system don't want that - which is why it needs to be pressed because the two major block parties increasingly obstructionist and diverging will eventually cause a civil war. Smaller parties allow for more nuanced takes requiring cross party concensus and break up the stratification. If the game of democracy ends the Dems will end up with their heads on a plate so whatever kickbacks they receive from the status quo won't be worth jack.