Crypto VC Funding Booms: Ripple Acquires Hidden Road, Wunder Social Raises $50M

The crypto venture capital (VC) landscape witnessed a surge in funding activity this week, with major acquisitions and impressive fundraising rounds. Ripple’s acquisition of prime brokerage firm Hidden Road for a hefty $1.25 billion propelled the week’s total funding past $1.5 billion. Meanwhile, Wunder Social secured $50 million in a round led by Rollman Management and other prominent investors, setting it up to revolutionize social media with its cutting-edge tech. 🤯