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Ripple Acquires Hidden Road in $1.25B Crypto Industry Mega-Deal

Ripple Acquires Hidden Road for $1.25 Billion, Becomes First Crypto Firm to Own Global Prime Broker

  • Ripple has acquired Hidden Road for $1.25 billion, becoming the first crypto firm to own a global, multi-asset prime broker.
  • The acquisition will position Ripple as the world’s largest non-bank prime broker, with Hidden Road clearing more than $3 trillion across over 300 institutions.
  • The deal aims to strengthen

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