Ripple Acquires Hidden Road for $1.25 Billion to Drive Institutional Crypto Growth

Crypto firm Ripple has entered into a landmark deal by acquiring multi-asset prime broker Hidden Road for a whopping $1.25 billion. This strategic move strengthens Ripple’s presence in institutional finance and digital asset infrastructure, paving the way for broader market access within traditional finance. The acquisition comes as part of Ripple’s initiative to bridge the gap between conventional markets and the burgeoning crypto space.