<ul><li>Ripple acquires Hidden Road, a leading crypto broker, for $1.25 billion.</li><li>Hidden Road clears $3 trillion annually and serves over 300 institutional clients across multiple asset classes.</li><li>Ripple plans to use its stablecoin RLUSD as trade collateral and integrate XRP Ledger for trade recording and clearing.</li><li>The acquisition positions Ripple as the first crypto company to own and operate a global, multi-asset prime broker.</li></ul>

Ripple Expands Institutional Reach With $1.25B Acquisition of Hidden Road

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