Ripple acquired the Hidden Road platform for $1.25 billion to expand its services in digital assets globally, with a special focus on Abu Dhabi. Hidden Road received regulatory approval from the Abu Dhabi Global Market (ADGM), enhancing the trust of financial institutions. The deal has led to increased interest in XRP, and it is part of a broader trend in the global expansion of digital companies, such as FTX's previous acquisition of LedgerX.
CoinMarketCap
