Ripple acquires cryptocurrency-friendly broker Hidden Road for 1.25 billion dollars
Odaily Planet Daily reports that Ripple has acquired the cryptocurrency-friendly broker Hidden Road for $1.25 billion to expand its services to institutional investors. Ripple CEO Brad Garlinghouse said that this acquisition represents the efforts of the company behind XRP, Ripple, to integrate a wider range of services to attract large institutions. "Ripple needs to ensure we have the appropriate infrastructure to attract and expand into larger institutional groups."
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