Ripple’s Hidden Road Acquisition Ushers in New Era of Crypto Prime Brokerage

Ripple has officially unveiled its strategic rationale for acquiring Hidden Road earlier this year, launching a groundbreaking new service. The company sidestepped legal battles with the SEC by making significant strides with the $2.5 billion acquisition, culminating in the creation of Ripple Prime. Today’s announcement marks the official completion of this crucial deal and brings a new player to the crypto prime brokerage landscape.