<ul><li>Ripple Labs-owned Hidden Road subsidiary, Hidden Road Partners CIV US LLC, obtains broker-dealer license approval from FINRA.</li><li>Approval allows Hidden Road to enhance its fixed income prime brokerage platform and offer comprehensive regulatory-compliant services.</li><li>Hidden Road aims to provide technology-driven services to institutional clients and position itself as one of the largest non-bank prime brokers globally.</li><li>Ripple's acquisition of Hidden Road for $1.25 billion enhances the utility of Ripple USD stablecoin and plans to streamline operations through XRPL.</li></ul>

Ripple-Backed Hidden Road Achieves Broker-Dealer License Approval

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