Ripple’s recent acquisition of Hidden Road marks a transformative moment in the crypto industry, solidifying its footprint in the prime brokerage sector. This $1.25 billion deal not only enhances Ripple’s service offerings but also positions it to be the first crypto company with a global, multi-asset prime broker. As Ripple CEO, Brad Garlinghouse stated, “With these tailwinds, we are continuing to pursue opportunities to massively transform the space,” highlighting the acquisi...
