<ul><li>Ripple has acquired prime broker Hidden Road for $1.25 billion, becoming the first crypto-native company to own a global multi-asset broker.</li><li>CTO David Schwartz mentioned that Hidden Road's daily clearing volume of $10 billion could move to the XRP Ledger, reducing settlement times from 24 hours.</li><li>The acquisition aims to make Hidden Road the largest non-bank prime broker globally and expand Ripple's presence in the receptive US market.</li><li>Ripple's USD stablecoin will be integrated as collateral in Hidden Road's products, enabling cross-margining between digital and traditional markets.</li></ul>

Ripple Buys Broker Hidden Road for $1.25 Billion, CTO Schwartz Calls it ‘Defining Moment’ for XRPL

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