Ripple Acquires Prime Broker Hidden Road in $1.25B Mega Deal

Ripple Acquires Prime Broker Hidden Road in $1.25B Mega Deal

In a landmark move for the digital assets space, blockchain-based payments network Ripple has announced the acquisition of multi-asset prime brokerage firm Hidden Road for $1.25 billion. This acquisition positions Ripple as the first cryptocurrency company to own and operate a global, multi-asset prime broker. Hidden Road, renowned for its institutional-grade clearing and financing services, processes over $3 trillion annually across more tha...

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