Odaily Planet Daily News Ripple's acquired broker Hidden Road has launched cryptocurrency over-the-counter swap trading services in the United States, allowing institutional investors to conduct cash-settled large trades. This service is operated by a UK FCA-regulated entity and covers various mainstream crypto assets. Ripple announced in April 2025 that it would acquire Hidden Road for $1.25 billion. Hidden Road has obtained a US FINRA broker-dealer license and an EU MiCA license. (Cointelegraph)