Ripple’s $1.25 Billion Hidden Road Acquisition Rebrands as “Ripple Prime”
The post Ripple’s $1.25 Billion Hidden Road Acquisition Rebrands as “Ripple Prime” appeared on BitcoinEthereumNews.com. The post Ripple’s $1.25 Billion Hidden Road Acquisition Rebrands as “Ripple Prime” appeared first on Coinpedia Fintech News Ripple has made headlines with the launch of Ripple Prime after completing its $1.25 billion acquisition of Hidden Road. The move makes Ripple the first crypto company to own and run a global multi-asset prime brokerage, marking a key step in its goal to connect traditional finance with blockchain technology. Ripple Prime: Driving Institutional Crypto Adoption In an official blog post, Ripple confirmed that Hidden Road has been rebranded as Ripple Prime, with plans to integrate it into the company’s expanding suite of payment and liquidity services. Ripple Prime will primarily cater to institutional clients, offering access to digital asset markets, liquidity solutions, and custody services all while leveraging blockchain’s transparency and cost efficiency. Ripple said this move supports its long-term goal of building an “Internet of Value,” where money moves as easily as information. The company added that XRP and the XRP Ledger (XRPL) remain at the core of its ecosystem, powering payments, stablecoins, and enterprise solutions. “Ripple Prime represents the next chapter in institutional crypto adoption,” the company stated. “By integrating blockchain technology into the prime brokerage model, we’re redefining how global liquidity flows between traditional and digital markets.” Also Read : XRP Price Jumps as ETF Crosses $100M and CME Derivatives Volume Explodes Ripple Expands Its Financial Empire This acquisition continues Ripple’s aggressive growth strategy. Just last week, Ripple announced a $1 billion acquisition of GTreasury, following earlier takeovers of Rail in August and Standard Custody earlier this year. Ripple CEO Brad Garlinghouse said the company has completed five major acquisitions in two years. He added that these deals have strengthened Ripple’s position in corporate and institutional finance. “We’re building the infrastructure for the next generation of finance connecting…
The post Ripple’s $1.25 Billion Hidden Road Acquisition Rebrands as “Ripple Prime” appeared on BitcoinEthereumNews.com.
The post Ripple’s $1.25 Billion Hidden Road Acquisition Rebrands as “Ripple Prime” appeared first on Coinpedia Fintech News Ripple has made headlines with the launch of Ripple Prime after completing its $1.25 billion acquisition of Hidden Road. The move makes Ripple the first crypto company to own and run a global multi-asset prime brokerage, marking a key step in its goal to connect traditional finance with blockchain technology. Ripple Prime: Driving Institutional Crypto Adoption In an official blog post, Ripple confirmed that Hidden Road has been rebranded as Ripple Prime, with plans to integrate it into the company’s expanding suite of payment and liquidity services. Ripple Prime will primarily cater to institutional clients, offering access to digital asset markets, liquidity solutions, and custody services all while leveraging blockchain’s transparency and cost efficiency. Ripple said this move supports its long-term goal of building an “Internet of Value,” where money moves as easily as information. The company added that XRP and the XRP Ledger (XRPL) remain at the core of its ecosystem, powering payments, stablecoins, and enterprise solutions. “Ripple Prime represents the next chapter in institutional crypto adoption,” the company stated. “By integrating blockchain technology into the prime brokerage model, we’re redefining how global liquidity flows between traditional and digital markets.” Also Read : XRP Price Jumps as ETF Crosses $100M and CME Derivatives Volume Explodes Ripple Expands Its Financial Empire This acquisition continues Ripple’s aggressive growth strategy. Just last week, Ripple announced a $1 billion acquisition of GTreasury, following earlier takeovers of Rail in August and Standard Custody earlier this year. Ripple CEO Brad Garlinghouse said the company has completed five major acquisitions in two years. He added that these deals have strengthened Ripple’s position in corporate and institutional finance. “We’re building the infrastructure for the next generation of finance connecting…
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