Ripple shakes up the crypto world by acquiring Hidden Road for $1.25 billion. This acquisition marks Ripple as the first crypto firm owning a global, multi-asset prime broker.
Hidden Road, clearing over $3 trillion annually, incorporates Ripple's blockchain, promising faster trades with Ripple-backed stablecoin RLUSD.
It's a bold move showcasing Ripple's ambition to dominate the financial landscape while sticking it to fiat systems. Brad Garlinghouse, @bgarlinghouse, brands this a game-changer. Watch the world of crypto take a significant leap forward!