
Ripple Sets Sight on Expansion with $1.25 Billion Acquisition of Prime Brokerage Hidden Road
2 days ago
In a significant move anticipated to reshape the landscape of financial technology, Ripple Labs has announced its intention to acquire the prime brokerage firm Hidden Road for an impressive $1.25 billion. This strategic decision, unveiled on April 8, 2025, marks a pivotal step for Ripple as it continues to diversify its offerings beyond cryptocurrency transactions and into broader financial services.
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