Crypto firm Ripple to buy prime broker Hidden Road for $1.25 billion
The crypto startup’s largest acquisition to this point, Ripple announced on Tuesday that it had agreed to purchase prime brokerage Hidden Road for $1.25 billion. Founded in 2018, Hidden Road offers clearing, high brokerage, and financing offerings across foreign exchange, digital property, derivatives, swaps, and fixed income. It presently clears greater than $3 trillion annually […]
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