Wu Blockchain (@WuBlockchain): Ripple is acquiring crypto-friendly prime broker Hidden Road for $1.25 billion. The deal will be settled primarily in cash, XRP tokens, and company st…
Estimated coin impact
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- XRP+85Positive
Ripple is acquiring crypto-friendly prime broker Hidden Road for $1.25 billion. The deal will be settled primarily in cash, XRP tokens, and company stock. The acquisition is expected to close in the coming months, pending regulatory approval. Hidden Road founder Marc Asch will remain with the company to lead the prime brokerage business within Ripple. fortune.com/crypto/2025/04…