Ripple agrees to buy prime broker HiddenRoad for $1.25B to link TradFi & DeFi. Analysis. Deal banks on XRPL’s power to handle Hidden Road’s $3T+ annual volume ... https.//twitter.com/Ripple/status/1909577621291385093.
The post XRP News. Ripple To Acquire PrimeBrokerHiddenRoad For $1.25B in MajorMove appeared first on Coinpedia Fintech News Ripple has made a major power moves as it agrees to acquire one of the fastest-growing prime... .
RippleLabs has announced a major acquisition to shock the market out of an otherwise dreadful week. Taking to X (formerly Twitter), the crypto firm announced that it has acquired HiddenRoad, a brokerage, clearing, and financing firm as... .
In a landmark move signaling Ripple’s deepening role in institutional finance, the crypto giant has agreed to acquire digital asset prime broker HiddenRoad for $1.25 billion ... .
Ripple has agreed to acquire multi-asset prime brokerage firm HiddenRoad for $1.25 billion, marking one of the largest M&A deals in the digital asset industry to date. CoinDesk reported that Hidden Road was in active takeover talks last week ... Sources.
TL;DRRipple acquired institutional broker HiddenRoad for $1.25 billion, marking one of the largest deals in the crypto sector ... Hidden Road processes over $3 trillion annually and maintains relationships with more than 300 institutions ... ....
Ripple said Tuesday it has agreed to acquire HiddenRoad for $1.25 billion, marking the crypto firm’s largest acquisition to date and one of the biggest deals in the digital assets sector.
Key Takeaways.Ripple acquires HiddenRoad for $1.25B to boost institutional crypto services. Hidden Road will use RLUSD stablecoin and XRP tech for settlements. Regulatory shift in U.S.