Ripple’s $1.25 Billion Investment in Hidden Road: Expansion into Abu Dhabi

Ripple Labs, a leading fintech company, has acquired Hidden Road, a global prime brokerage firm specializing in digital and traditional assets, for $1.25 billion. This strategic acquisition will propel Ripple’s presence in the Middle East as it opens a new office in Abu Dhabi, a city rapidly becoming a prominent hub for crypto and finance. As part of this deal, Ripple’s investment will allow Hidden Road to offer its services in the region.