Ripple Labs has just made one of the biggest moves in crypto history. According to a post shared on X, CEO Brad Garlinghouse announced that the company has bought Hidden Road for a whopping $1.25 billion. The partnership between Ripple and Hidden Road is more than just a merger. It is about innovatively combining traditional finance with the crypto industry. This acquisition came after the U.S. Securities and Exchange Commission (SEC) officially ended its class action against the technology firm . Ripple Partners with a Trusted Finance Middleman Hidden Road is a well-known prime broker. It is a middleman for big clients like hedge funds, trading firms, and institutional investors. The company helps these clients with clearing trades, giving them access to borrowed money, and managing risks. Over time, Hidden Road has built a strong name for itself and is trusted among the biggest players in the finance world. Hidden Road already works with over 300 major financial institutions and handles more than $3 trillion in trades annually. Ripple has worked with Hidden Road for years and has seen firsthand the value and reliability the company brings. This acquisition gives Ripple much more than access to a successful financial firm; it opens the door to major innovation in the digital world. Ripple’s Hidden Road Deal to Use XRP Ledger for Faster, Cheaper Trades Now that Ripple owns Hidden Road, the company will use the XRP Ledger (XRPL) to settle some trades. This means trades will happen faster, cost less, and be more efficient than traditional banking systems, which can take hours or even days. Additionally, Hidden Road will use Ripple’s stablecoin, RLUSD , as collateral across its brokerage services. This will work not just for crypto trades but also for regular financial trades. This is a big step toward connecting digital currencies with traditional finance, all through blockchain technology. Hidden Road Aims to Be the Top Prime Broker Outside Banks With Ripple’s strong balance sheet and support, Hidden Road is expected to grow fast. It can now serve more clients and clear even more trades, which will put the firm on track to become the biggest non-bank prime broker in the world. This deal combines Ripple’s crypto knowledge with Hidden Road’s trusted reputation in finance. It is not just a business deal; it is a big change in how the financial system operates. Ripple and Hidden Road create a future where crypto and traditional finance work together. This is an important step that shows crypto is not just a risky investment anymore. It is becoming a real part of the financial system. The post Ripple Labs Makes Biggest Crypto Acquisition In Its History appeared first on TheCoinrise.com .
