Ripple accelerates its growth, acquiring Hidden Road for $1.25B, boosting institutional DeFi and tokenization potential.

We are at an inflection point for the next phase of digital asset adoption … and the market is maturing to address the needs ...

Cryptocurrency firm Ripple said it will acquire credit network Hidden Road for $1.25 billion. Ripple said the acquisition will combine its crypto operations with ownership and operation of a ...

As a FINRA-registered broker-dealer, Hidden Road will further expand its fixed-income prime brokerage services, the company ...

Ripple, the blockchain firm behind XRP (CRYPTO: XRP), has signed an agreement to acquire prime brokerage firm Hidden Road in a deal valued at $1.25 billion.

Ripple CEO Brad Garlinghouse said the deal came together after Hidden Road found itself "constrained" in growth due to balance sheet limitations and began looking for external capital.