Ripple is acquiring Hidden Road in a $1.25 billion deal to become the world’s largest non-bank prime broker and expand its stablecoin and XRP services.
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Ripple acquires crypto-friendly prime broker Hidden Road for $1.25B
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Ripple’s $1.25 billion acquisition of Hidden Road is aimed at transforming Ripple into the world’s largest non-bank prime broker while accelerating its stablecoin and institutional service offerings.
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