Ripple acquiring Hidden Road, a primary trading, for$ 1.25 billion.

One of the biggest acquisitions in the history of the crypto industry was Ripple’s purchase of Hidden Road, a crypto-friendly excellent brokerage, for$ 1.25 billion. &nbsp,

According to a company statement released on Tuesday, the blockchain technology firm plans to employ Hidden Road’s system to provide a wide range of administrative customers on a larger scale. &nbsp,

The US business is properly available for the first time due to the governmental arch of the original SEC coming to an end, and the industry is maturing to meet the needs of classic finance, according to Ripple CEO Brad Garlinghouse in a statement on Tuesday. &nbsp,

Financial institutions are increasingly interested in modern asset-backed products and services, as a result of Ripple’s most recent acquisition, which is being led by U.S. officials ‘ tighter control over the crypto industry. &nbsp,

In a recent EY-Parthenon surveys of 352 institutional investors, 86 % or respondents said they planned to invest in crypto assets in 2025. According to CoinShares data, investors with more than$ 100 million in under management invested$ 27.4 billion in Bitcoin ETFs, an increase of 114 % over the amount they held in the previous quarter. &nbsp,

Hidden Road, which was established in 2018, offers a wide range of financial services to institutional clients, including deal financing, cash administration, custodial and arrangement services, and securities lending. According to its own data, the business has over 300 institutional clients and clears more than$ 3 trillion annually across markets. &nbsp,

Ripple is likewise integrating its bitcoin Ripple USD into Hidden Road, utilizing the key as security for all of the top brokerage’s items. In a crowded marketplace for dollar-pegged cryptocurrencies, the integration does provide RLUSD a competitive advantage. &nbsp, &nbsp,

The company move comes as the crypto industry’s merger and acquisition activity grew faster than the Trump administration’s trade tariffs, which have heightened concerns about the world economy. &nbsp,

In what would be the largest talks in crypto history, Kraken announced last month that it would buy NinjaTrader for$ 1.5 billion, which would be the largest acquisitions in the history of the future industry. &nbsp,

According to data from advisory firm Architect Partners, 62 crypto merger and acquisition transactions took place in the first three months of this year, an increase of 5 % from the 59 deals reported in the fourth quarter of last year and 87 % from the 33 deals recorded in the third quarter of 2024.