Ripple’s $1.25B acquisition of Hidden Road marks a major leap in its institutional crypto expansion strategy.
The company announced its plans to buy Hidden Road, a London-based digital asset prime broker, for $1.25 billion. This acquisition allows RippleClick here for more Details to significantly deepen its infrastructure for institutional clients by adding credit intermediation and market access tools. The purchase comes on the heels of Ripple’s 2023 acquisition of Swiss custody firm Metaco.
Hidden Road specializes in credit and trade execution for institutions operating in the digital asset space. It offers a prime brokerage model that helps institutions access global liquidity without managing direct counterparty risk. Ripple sees this capability as a key addition to its goal of serving large-scale financial players in crypto markets.
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According to Ripple President Monica Long, the move reflects growing institutional demand for reliable, capital-efficient access to digital assets. She emphasized that integrating Hidden Road’s prime brokerage will reduce the capital required for institutions to interact with crypto markets. That makes it easier for hedge funds and trading firms to scale participation across platforms.
The acquisition expands RippleClick here for more Details’s role beyond payments and tokenization. It positions the company to deliver end-to-end services that include custody, credit, and execution. CEO Brad Garlinghouse called it a pivotal moment, aligning with Ripple’s long-term plan to become a comprehensive provider of enterprise crypto solutions.
Ripple’s $1.25B acquisition adds credit strength to crypto trading
Garlinghouse noted that the combination of Ripple’s liquidity products and Hidden Road’s credit structure offers a powerful institutional toolset. This is particularly important in a market where capital efficiency and compliance are top concerns for professional clients. Ripple says the acquisition will also help streamline institutional access and address ongoing barriers to entry.
Hidden Road has built a strong reputation among hedge funds and trading firms since launching in 2018. Its approach to managing credit risk and compliance has made it a popular choice among institutions navigating crypto markets. With this acquisition, Ripple gains not only infrastructure but also direct relationships with sophisticated institutional players.
The deal is expected to close later in 2025, pending regulatory approval. Ripple said it will work closely with global regulators to complete the acquisition. That reflects Ripple’s broader focus on building compliant, enterprise-grade infrastructure in the crypto space.
The move solidifies Ripple’s effort to play a much larger role in institutional finance. With Metaco handling custody and Hidden Road offering credit and access, RippleClick here for more Details is now one step closer to becoming a one-stop solution for institutional crypto needs.
Ripple’s $1.25B acquisition is not just a financial milestone—it’s a structural shift in how it operates within the industry. This strategic expansion could mark a turning point in how institutions engage with digital assets, underlining Ripple’s evolving identity in the crypto ecosystem.
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