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Ripple closes Hidden Road deal, renames it Ripple Prime – TON BOT

Ripple closes Hidden Road deal, renames it Ripple Prime

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Ripple has completed the acquisition of prime brokerage firm Hidden Road and renamed it Ripple Prime. This acquisition is part of Ripple’s strategy to further XRP and Ripple USD adoption. Ripple plans to integrate digital assets and traditional finance assets into the platform, and Hidden Road’s founder will work alongside Ripple’s team. Ripple has made several acquisitions in the past two years, including treasury management provider GTreasury, stablecoin payments platform Rail, Standard Custody, and Metaco.

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