Ripple Acquires Hidden Road, Launches Ripple Prime

Ripple has completed its acquisition of Hidden Road, renaming it Ripple Prime and establishing a global multi-asset prime broker. This strategic move significantly expands Ripple’s reach in institutional crypto services. The deal, valued at $1.25 billion, will integrate the expertise of Hidden Road’s successful clearing operations into Ripple Prime. 🚀 This acquisition promises to solidify Ripple’s position as a major player in the digital finance space.