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MainNewsRipple To Ac...

Ripple To Acquire Hidden Road For $1.25 Billion: XRP To Rally?


Apr, 08, 2025
2 min read
by Paigambar Mohan Raj
for Watcher.Guru
Ripple To Acquire Hidden Road For $1.25 Billion: XRP To Rally?

Ripple has announced it will acquire prime brokerage firm Hidden Road for $1.25 billion. The purchase is the most significant for the fintech company. Hidden Road currently clears more than $3 trillion yearly across various markets. The firm also caters to more than 300 institutional clients. The acquisition will see the migration of Hidden Road’s post-trade activity across XRP Ledger (XRPL). The move highlights the Ripple blockchain’s capabilities for institutional use.

Also Read: US Dollar Under Siege as Central Banks Ramp Up Gold Reserves – What’s Next?

Ripple Leading The Decentralization Movement

XRP logo and coin on blue digital background
Source: Bitcoinist

Ripple CEO Brad Garlinghouse called the purchase “one of the largest deals ever in the crypto space.

Despite the large figure, Garlinghouse says the price tag is not the most important part. In an X post, he highlighted how the development presents a “lifetime opportunity for crypto to access the largest and most trusted traditional markets, and vice versa.

Also Read: Shiba Inu: Will SHIB Ever Hit $1? Here’s When It Could Happen

Garlinghouse also shed light on how Hidden Road’s capital and activity will tap into XRP and the XRP Ledger.

Rally On The Horizon?

If more funds flow through the XRP Ledger, there is the possibility that it will bring more value to the cryptocurrency. Ripple’s latest purchase is another bullish development for the company after its lawsuit was dropped by the SEC. Both developments could lead to a surge in investor confidence. With a pro-crypto administration in the White House, XRP could become the new superpower in the crypto market.

There is also a lot of talk about a potential XRP ETF being launched. An ETF launch could further propel investor confidence and open the door to more institutional money.

Also Read: GCC: 7 Gulf Nations Plans To Launch Unified Currency, Ditch US Dollar

Ripple has positioned itself as a top contender in the crypto space. XRP has also seen an incredible run over the last year. The asset has faced a correction amid global trade wars. Despite the dip, there is a high chance that the cryptocurrency will surge to new highs over the coming months.

Read the article at Watcher.Guru

Read More

Ripple and SEC Enter New Negotiation Phase with Court’s 60-Day Pause

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MainNewsRipple To Ac...

Ripple To Acquire Hidden Road For $1.25 Billion: XRP To Rally?


Apr, 08, 2025
2 min read
by Paigambar Mohan Raj
for Watcher.Guru
Ripple To Acquire Hidden Road For $1.25 Billion: XRP To Rally?

Ripple has announced it will acquire prime brokerage firm Hidden Road for $1.25 billion. The purchase is the most significant for the fintech company. Hidden Road currently clears more than $3 trillion yearly across various markets. The firm also caters to more than 300 institutional clients. The acquisition will see the migration of Hidden Road’s post-trade activity across XRP Ledger (XRPL). The move highlights the Ripple blockchain’s capabilities for institutional use.

Also Read: US Dollar Under Siege as Central Banks Ramp Up Gold Reserves – What’s Next?

Ripple Leading The Decentralization Movement

XRP logo and coin on blue digital background
Source: Bitcoinist

Ripple CEO Brad Garlinghouse called the purchase “one of the largest deals ever in the crypto space.

Despite the large figure, Garlinghouse says the price tag is not the most important part. In an X post, he highlighted how the development presents a “lifetime opportunity for crypto to access the largest and most trusted traditional markets, and vice versa.

Also Read: Shiba Inu: Will SHIB Ever Hit $1? Here’s When It Could Happen

Garlinghouse also shed light on how Hidden Road’s capital and activity will tap into XRP and the XRP Ledger.

Rally On The Horizon?

If more funds flow through the XRP Ledger, there is the possibility that it will bring more value to the cryptocurrency. Ripple’s latest purchase is another bullish development for the company after its lawsuit was dropped by the SEC. Both developments could lead to a surge in investor confidence. With a pro-crypto administration in the White House, XRP could become the new superpower in the crypto market.

There is also a lot of talk about a potential XRP ETF being launched. An ETF launch could further propel investor confidence and open the door to more institutional money.

Also Read: GCC: 7 Gulf Nations Plans To Launch Unified Currency, Ditch US Dollar

Ripple has positioned itself as a top contender in the crypto space. XRP has also seen an incredible run over the last year. The asset has faced a correction amid global trade wars. Despite the dip, there is a high chance that the cryptocurrency will surge to new highs over the coming months.

Read the article at Watcher.Guru

Read More

Ripple and SEC Enter New Negotiation Phase with Court’s 60-Day Pause

Ripple and SEC Enter New Negotiation Phase with Court’s 60-Day Pause

The U.S. Court pauses the Ripple and SEC case for 60 days. Continue Reading:Ripple an...
Apr, 17, 2025
by COINTURK NEWS
XRP’s $2.00 Pivot Point—A Launchpad or Breakdown Zone?

XRP’s $2.00 Pivot Point—A Launchpad or Breakdown Zone?

XRP price started a fresh decline below the $2.150 zone. The price is now consolidati...
Apr, 17, 2025
2 min read
by NewsBTC