Ripple acquires cryptocurrency-friendly broker Hidden Road for 1.25 billion dollars
Odaily Planet Daily reports that Ripple has acquired the cryptocurrency-friendly broker Hidden Road for $1.25 billion to expand its services to institutional investors. Ripple CEO Brad Garlinghouse said that this acquisition represents the efforts of the company behind XRP, Ripple, to integrate a wider range of services to attract large institutions. "Ripple needs to ensure we have the appropriate infrastructure to attract and expand into larger institutional groups."
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
A certain exchange once posted "Opensea public sale next week," but later deleted it.
Data: Circle newly minted 500 millions USDC
Spot gold returns to $4,200
Data: AWE rises over 22%, SKY rises over 9%
Trending news
MoreCrypto prices
More
