Ripple has announced a major acquisition, buying crypto-friendly prime broker Hidden Road for $1.25 billion. This marks one of the largest deals in the crypto sector. Hidden Road, known for its $3 trillion clearing services, will position Ripple as a leading global, multi-asset prime broker. Ripple CEO Brad Garlinghouse highlighted the acquisition's significance amid evolving U.S. regulations, suggesting it could drive digital asset adoption. Hidden Road's CEO, Marc Asch, is optimistic about growth, citing new resources and expanded market opportunities. Stay tuned for more updates as this story unfolds.