Ripple Agrees to Acquire Prime Broker Hidden Road for $1.25B in Landmark Digital Assets Deal

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Acquisition Highlights

Bridging Traditional and Decentralized Finance

The acquisition addresses institutional adoption barriers by combining:

Brad Garlinghouse, Ripple CEO: "This deal accelerates our mission to transform digital asset infrastructure for traditional finance."

RLUSD: The Enterprise-Grade Stablecoin

XRP Ledger as Institutional DeFi Hub

Hidden Road’s migration to XRPL will:

👉 Explore how XRP Ledger powers institutional DeFi

FAQ Section

1. Why did Ripple acquire Hidden Road?
To merge crypto infrastructure with institutional prime brokerage, accelerating TradFi adoption.

2. How does RLUSD benefit from this deal?
It becomes the first stablecoin enabling cross-margining, enhancing liquidity for traditional and digital markets.

3. What’s next for XRP Ledger?
Hidden Road’s migration validates XRPL’s institutional DeFi capabilities, attracting further enterprise use.

4. When will the deal close?
Pending regulatory approvals, expected within months.

Conclusion

This $1.25B acquisition marks a pivotal shift in digital asset infrastructure, blending Ripple’s regulatory prowess with Hidden Road’s institutional reach. By integrating RLUSD and XRPL, the partnership sets a new standard for enterprise blockchain adoption.

👉 Learn more about institutional crypto solutions


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