<ul><li>Circle Internet Group rejected a $4 billion to $5 billion takeover bid from Ripple, citing the amount as too low.</li><li>Ripple is still interested in a deal with Circle but has not decided whether to make another offer. Circle is focusing on its initial public offering (IPO).</li><li>Ripple acquired prime brokerage Hidden Road for $1.25 billion, becoming the first cryptocurrency company to own and operate a multi-asset prime broker.</li><li>An $8.2 billion wave of crypto deals, including Ripple's acquisition of Hidden Road, was initiated by the cryptocurrency-friendly White House.</li></ul>

Report: Circle Rejects Ripple’s $4 Billion to $5 Billion Takeover Bid

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