Ripple Secures Major Deal with Hidden Road, Aiming to Drive Global Crypto Adoption

Ripple has made a significant move by acquiring Hidden Road, a leading global prime broker for digital assets, in a deal worth $1.25 billion. This acquisition marks Ripple’s entry into the realm of traditional finance and its ability to deliver trusted trading services to the cryptocurrency market. The company aims to leverage this expertise to accelerate institutional adoption of cryptocurrencies.