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Ripple’s XRP Ledger (XRPL) will serve as a post-trade solution for Hidden Road’s prime brokerage services following a $1.25 billion acquisition. The deal, one of the largest in crypto history, includes 300 institutional clients and a FINRA-approved broker-dealer license. This move strengthens Ripple’s bridge between crypto and traditional finance.
- Ripple's $1.25B acquisition of Hidden Road includes 300 institutional clients and a FINRA broker-dealer license.
- XRPL will handle post-trade processes like settlements and RLUSD stablecoin collateral for Hidden Road's services.
- The deal positions Ripple to bridge crypto and traditional finance, with analysts forecasting XRP could reach $15.
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