Ripple to Acquire Hidden Road for $1.25B in Major Crypto Deal
Ripple will inject billions of dollars of capital to provide immediate scale and satisfy the demand for Hidden Road’s prime brokerage, clearing and financing platform RLUSD becomes the first stablecoin to enable efficient cross-margining between digital assets and traditional markets, reinforcing its position as a premium enterprise-grade USD-backed stablecoin Hidden Road to migrate post-trade activity across XRP Ledger (XRPL) demonstrating its potential as the go-to blockchain for institutional decentralized finance (DeFi) Ripple, the leading provider...