Ripple acquires prime broker Hidden Road for $1.25 billion

Ripple will use its financial muscle to capitalize Hidden Road’s prime brokerage, clearing, and financing platform The Ripple USD (RLUSD) stablecoin will help power cross-margining between digital assets and traditional markets. Hidden Road is set to migrate post-trade activity across the XRP Ledger (XRPL). Ripple, a leader in digital asset infrastructure for financial institutions, has […] The post Ripple acquires prime broker Hidden Road for $1 source: https://coinjournal.net/news/ripple-acquires-prime-broker-hidden-road-for-1-25-billion/