Ripple Acquires Hidden Road for $1.25 Billion, Positioning Itself as a DeFi Leader

In a groundbreaking move, Ripple has acquired crypto-friendly brokerage firm Hidden Road for an impressive $1.25 billion. The acquisition is expected to be finalized in the coming months, subject to regulatory approval. This strategic deal marks one of the largest investments in the digital asset space, propelling Ripple into an unprecedented position within the industry.