US EditionRipple’s $1.25B Deal Signals Expansion Beyond XRP Lawsuit
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10 Articles
XRP Likely Price If XRPL Processes 30% of Hidden Road’s Annual Volume
Ripple’s recent $1.25 billion acquisition of Hidden Road, a multi-asset prime brokerage company, marks a significant expansion into the institutional finance sector. Hidden Road currently facilitates approximately $10 billion in transactions daily, positioning Ripple to tap into large-scale financial flows through its XRP Ledger (XRPL). Following this acquisition, Ripple CTO David Schwartz indicated that a portion of Hidden Road’s transaction vo…
Ripple ‘Making Up For Lost Time’ After SEC Battle, Says Lawyer
Ripple’s aggressive expansion strategy following its prolonged legal battle with the US Securities and Exchange Commission (SEC) is being interpreted as a decisive bid to regain lost momentum. Pro-XRP attorney John E Deaton, a prominent figure within the XRP community, commented via X, stating, “I agree with Chamath [Palihapitiya]. I also believe Ripple’s $1.25 billion acquisition of Hidden Road as possibly the best example of the convergence of…
AMBCrypto
Crypto News Wire - Latest Crypto News And AnalysisRipple President highlights growth plans, stays silent on IPO amid strong financials
Ripple rules out IPO plans for now, focusing on acquisitions and internal growth backed by strong liquidity...
Ripple is preparing for a major blow. 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 is aiming much larger: to capture a share of an institutional market estimated at $16,000 billion. Behind this discreet operation, it is a titanic ambition that is emerging: to become one of the pillars of tomorrow's finance. The article Crypto: W…
Deaton Sees Ripple’s Hidden Road Move as Best Example of Crypto–Wall Street Convergence
John Deaton says Ripple’s Hidden Road deal exemplifies DeFi-TradFi convergence. Chamath Palihapitiya notes crypto deals have tripled 2024 totals in just four months. Ripple expands custody and tokenization offerings to capture institutional demand Attorney John Deaton views Ripple’s $1.25 billion acquisition of Hidden Road as a key example of decentralized finance merging with traditional finance. His comments followed analyst Chamath Palihapiti…
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