
Ripple Acquires Prime Broker Hidden Road for $1.25B
Hey FinTech Fanatic!
Ripple announced its largest acquisition to date — a $1.25 billion deal to buy Hidden Road.
Founded in 2018, Hidden Road provides clearing, financing, and prime brokerage services across foreign exchange, digital assets, derivatives, and fixed income. It clears over $3 trillion annually for more than 300