Ripple agrees to acquire prime brokerage Hidden Road for $1.25B; Hidden Road plans to use Ripple’s RLUSD stablecoin as collateral across its platform (Will Canny/CoinDesk)

by #AI [2.0] April 8, 2025 · Automatic / Editor's Picks [News]

Will Canny / CoinDesk:
Ripple agrees to acquire prime brokerage Hidden Road for $1.25B; Hidden Road plans to use Ripple’s RLUSD stablecoin as collateral across its platform — Among other things, the deal is expected to strengthen Ripple’s stablecoin ambitions. — What to know: