Ripple has revealed its purchase of Hidden Road, a global, multi-asset prime brokerage focused on digital assets and foreign exchange, for $1.25 billion. This makes it the first cryptocurrency company to run and control a multi-asset prime brokerage. The company hopes to leverage Hidden Road’s robust infrastructure to bridge conventional banking and decentralized finance (DeFi). … Continue reading Ripple Purchases Prime Broker Hidden Road for $1.25 Billion