With a $1.2 Billion Investment, XRP Just Got Another Tailwind

Ripple, the company that issues XRP (CRYPTO: XRP), just made a play worth upward of $1.2 billion. In short, on April 8 it acquired a prime broker called Hidden Road, which will now integrate XRP's ledger into its operations.This purchase will grant the coin a new tailwind for more than one reason, and the long-term payoff could be significant for holders. Here's why.With its acquisition of Hidden Road, Ripple now has an important asset in hand. In short, prime brokers like Hidden Road offer services to financial institutions including financing for foreign exchange transactions, financial derivatives, and transaction clearing. Owning it and having it use XRP as part of its back end implies several things.Continue reading

Apr 15, 2025 - 10:21

With a $1.2 Billion Investment, XRP Just Got Another Tailwind

Ripple, the company that issues XRP (CRYPTO: XRP), just made a play worth upward of $1.2 billion. In short, on April 8 it acquired a prime broker called Hidden Road, which will now integrate XRP's ledger into its operations.

This purchase will grant the coin a new tailwind for more than one reason, and the long-term payoff could be significant for holders. Here's why.

With its acquisition of Hidden Road, Ripple now has an important asset in hand. In short, prime brokers like Hidden Road offer services to financial institutions including financing for foreign exchange transactions, financial derivatives, and transaction clearing. Owning it and having it use XRP as part of its back end implies several things.