Ripple Acquires Hidden Road for $1.25 Billion

Ripple has announced its acquisition of Hidden Road for $1.25 billion, marking a major step in the crypto world. With this deal, Ripple becomes the first crypto company to own and run a global, multi-asset prime broker. The partnership aims to deliver digital asset services to institutional clients at scale, creating a stronger bridge between traditional finance and decentralized finance. This move highlights Ripple’s push to lead innovation and expand crypto’s role in mainstream financial markets.