Ripple Secures Major Deal: Acquires Hidden Road in $1.25 Billion Move

Ripple has just made a historic move, acquiring global prime brokerage firm Hidden Road for a staggering $1.25 billion. This landmark transaction positions Ripple as the first cryptocurrency company to own and operate a global, multi-asset prime broker, marking a significant shift towards bridging traditional finance with decentralized finance. 🚨JUST IN: @Ripple announced it is acquiring Hidden Road for $1.25B – becoming the first crypto company to own and operate a global, multi-asset prime broker! #XRP pic.twitter.com/Rmt7ijxEUL — JackTheRippler © (@RippleXrpie) April 8, 2025