Ripple Makes Major Move: Acquires Hidden Road for $1.25 Billion to Expand Global Reach

Ripple has made a significant strategic acquisition, acquiring Hidden Road for $1.25 billion in a move aimed at expanding its global reach across digital asset services, particularly in the UAE’s burgeoning financial market. The company will leverage Hidden Road’s expertise to enhance its prime brokerage capabilities within both cryptocurrency and traditional finance. This move reflects growing institutional interest in structured services operating within regulated frameworks, especially as the UAE strives to become a major player in the global financial landscape.