Ripple Acquires Hidden Road for $1.25B Boosting XRPL Adoption: Driving Institutional Use & Expansion

Ripple has made a significant move by acquiring Hidden Road, the leading provider of institutional-grade blockchain solutions, in a deal valued at $1.25 billion. This strategic acquisition aims to bolster Ripple’s presence in the institutional crypto space and drive wider adoption of its XRP Ledger (XRPL) platform. The integration of Hidden Road’s clients into XRPL is anticipated to significantly boost activity on the network, increasing liquidity for the use of Ripple’s stablecoin RLUSD. 💰