Ripple Launches ‘Prime Time’ After Hidden Road Acquisition: How This Could Bo...
On Friday, Ripple Labs announced the launch of “Prime Time,” following its acquisition of Hidden Road. The company will now be rebranded as Ripple Prime. The company confirmed the completion of the acquisition, making Ripple Labs the first blockchain payment company to operate as a global, multi-asset prime broker. How Ripple Prime Is Expected To […]
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Ripple Labs has announced a major acquisition to shock the market out of an otherwise dreadful week. Taking to X (formerly Twitter), the crypto firm announced that it has acquired Hidden Road, a brokerage, clearing, and financing firm as it moves forward in its mission to become the leader for institutional investors moving into the digital assets space. Ripple Acquires Hidden Road For $1.25 Billion The Tuesday announcement by Ripple has further solidified the mission that the crypto firm has long put forward, and that is to provide instant and quick transfer of value for traditional and....
In an interview on BFM Business, Ripple’s Managing Director for the UK & Europe, Cassie Craddock, lifted the veil on how the blockchain company intends to weave the XRP Ledger into the fabric of prime brokerage. Speaking about Ripple’s $1.25 billion acquisition of London‑headquartered Hidden Road, Craddock confirmed that the forthcoming Ripple USD‑backed stablecoin, RLUSD, […]
Crypto analyst Cryptoinsight has provided a bullish outlook for the XRP price, predicting that it could soon rally to as high as $12. He alluded to fundamentals and technicals, which could spark this parabolic rally. What Could Spark The XRP Price Rally To $12 In a YouTube video, Cryptoinsight highlighted the Dubai Land Department’s recent move to launch a tokenization platform on the XRP Ledger (XRPL) as one of the catalysts that could spark the XRP price rally to $12. He also mentioned other recent partnerships and major moves Ripple has made as factors that could contribute to....
On Thursday, Ripple, the company behind the XRP cryptocurrency, announced a significant step forward in its growth strategy with the $1 billion acquisition of GTreasury, a leading player in treasury management systems. Ripple’s GTreasury Deal The acquisition of GTreasury marks a pivotal expansion for Ripple, granting it immediate access to the multi-trillion dollar corporate treasury […]
The FBI shut down black marketplace Silk Road a year ago. This hidden website was used for the sale and purchase of items and services such as drugs, weapons, fake passports and other forged documents. To refresh your memory of the full Silk Road story, check out our interactive timeline below: This article is part of CoinDesk's Silk Road: One Year On series. Keep checking back for new additions to the series. Road. Silk RoadTimelines