Ripple Acquires Hidden Road in $1.25 Billion Deal to Expand Institutional Crypto Services

Ripple has announced a $1.25 billion acquisition of crypto prime broker Hidden Road, aiming to scale institutional offerings and integrate its blockchain ecosystem. The deal includes capital infusion, use of Ripple’s RLUSD stablecoin, and settlement via the XRP Ledger. Ripple Bets Big on Institutional Crypto with Hidden Road Acquisition Ripple is making a major play

Source: Bitcoin.com