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Ripple acquires crypto-friendly broker Hidden Road for $1.25 billion
2025-04-08 12:00:51

Odaily News Ripple acquires crypto-friendly broker Hidden Road for $1.25 billion to expand its services for institutional investors. Ripple CEO Brad Garlinghouse said the acquisition represents an effort by Ripple, the company behind XRP, to integrate a wider range of services to attract large institutions. "Ripple needs to ensure that we have the right infrastructure to attract and expand to a larger group of large institutions." (Fortune)