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)

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:

Apr 9, 2025 - 07:12
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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)

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: