Crypto: How Ripple And Hidden Road Could Reshape Tomorrow’s Financial Landscape
Ripple is preparing a major move. With the acquisition of the broker Hidden Road for $1.25 billion, the crypto company is not just strengthening its arsenal. According to lawyer John Deaton, Ripple aims much higher: capturing a share of an institutional market estimated at $16 trillion. Behind this discreet operation lies a gigantic ambition: to become one of the pillars of the finance of tomorrow.
In Brief
Ripple acquires Hidden Road for $1.25 billion and reveals ambitions far beyond traditional payments.
Hidden Road handles over $3 trillion in annual transactions for 300 institutional clients.
John Deaton states that this acquisition marks Ripple’s discreet entry into the $16 trillion institutional market.
Ripple’s goal is to become a major player in the tokenization of assets such as stocks, bonds, and real estate.
A major offensive on cross-border payments
Ripple has officially completed the acquisition of Hidden Road, a leading broker, for $1.25 billion, which sparked strong interest in the crypto ecosystem. Indeed, Hidden Road processes over $3 trillion in annual transactions for more than 300 institutional clients.