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Gladys Makena

Ripple Completes $1.25 Billion Hidden Road Acquisition, Launches Ripple Prime

Ripple has completed its $1.25 billion acquisition of non-bank prime broker Hidden Road, now operating as Ripple Prime. The deal makes Ripple the first crypto firm to run a global multi-asset prime brokerage, providing institutional clients with trading, financing, and clearing services across digital assets, foreign exchange, fixed income, and derivatives.
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A-2.25%
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