Ripple CEO Speaks Out on Ripple’s Recent Acquisition’s Fast Growing Role in DeFi
The post Ripple CEO Speaks Out on Ripple’s Recent Acquisition’s Fast Growing Role in DeFi appeared on BitcoinEthereumNews.com. Ripple CEO on Hidden Road’s fast growth in DeFi Ripple moves $108,305,198 worth of XRP Brad Garlinghouse, the chief executive officer at Ripple, has taken part in another episode of the “Crypto In One Minute” project to reveal the fast growth of Hidden Road, recently bought by Ripple, both in the traditional finance and DeFi market. Meanwhile, another large XRP transaction has been spotted by on-chain data trackers. Ripple CEO on Hidden Road’s fast growth in DeFi In the “Crypto In One Minute” video, Brad Garlinghouse spoke about prime brokers in general and one of them in particular — the Hidden Road company, which was acquired by Ripple not so long ago. He reminded the audience that basically these prime brokers perform the functions of a “one-stop shop,” allowing all sorts of financial institutions, including hedge funds, trading desks and market makers, to trade and clear everything — from digital assets to derivatives, swaps and so on. Prime brokerage services, once dominated by big banks, are evolving to bring institutions into DeFi with regulated clearing for derivatives, swaps, and crypto while unlocking trillions in trades.@bgarlinghouse returns for another round of Crypto In One Minute and breaks down… pic.twitter.com/6ZIobJThRm — Ripple (@Ripple) July 25, 2025 These brokers are doing trillions of dollars of trades, Garlinghouse revealed. Traditionally, such prime brokers have been owned by traditional commercial banking giants, he added, from JPMorgan to Goldman Sachs. But now the leadership in this sphere does not belong only to banks. Recently, Ripple purchased the aforementioned Hidden Road and now, this company is offering its customers a mix of not only traditional financial tools but also crypto and DeFi. And this company is growing very quickly in both of these markets, the Ripple CEO emphasized. This company is very well capitalized, and it has…
The post Ripple CEO Speaks Out on Ripple’s Recent Acquisition’s Fast Growing Role in DeFi appeared on BitcoinEthereumNews.com.
Ripple CEO on Hidden Road’s fast growth in DeFi Ripple moves $108,305,198 worth of XRP Brad Garlinghouse, the chief executive officer at Ripple, has taken part in another episode of the “Crypto In One Minute” project to reveal the fast growth of Hidden Road, recently bought by Ripple, both in the traditional finance and DeFi market. Meanwhile, another large XRP transaction has been spotted by on-chain data trackers. Ripple CEO on Hidden Road’s fast growth in DeFi In the “Crypto In One Minute” video, Brad Garlinghouse spoke about prime brokers in general and one of them in particular — the Hidden Road company, which was acquired by Ripple not so long ago. He reminded the audience that basically these prime brokers perform the functions of a “one-stop shop,” allowing all sorts of financial institutions, including hedge funds, trading desks and market makers, to trade and clear everything — from digital assets to derivatives, swaps and so on. Prime brokerage services, once dominated by big banks, are evolving to bring institutions into DeFi with regulated clearing for derivatives, swaps, and crypto while unlocking trillions in trades.@bgarlinghouse returns for another round of Crypto In One Minute and breaks down… pic.twitter.com/6ZIobJThRm — Ripple (@Ripple) July 25, 2025 These brokers are doing trillions of dollars of trades, Garlinghouse revealed. Traditionally, such prime brokers have been owned by traditional commercial banking giants, he added, from JPMorgan to Goldman Sachs. But now the leadership in this sphere does not belong only to banks. Recently, Ripple purchased the aforementioned Hidden Road and now, this company is offering its customers a mix of not only traditional financial tools but also crypto and DeFi. And this company is growing very quickly in both of these markets, the Ripple CEO emphasized. This company is very well capitalized, and it has…
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