The deal broadens Ripple's services, including clearing, prime brokerage, and financing across markets.
RLUSD is positioned as the first stablecoin for cross-margining between digital and traditional markets.
Michael Higgins, the International CEO of Hidden Road during FMLS:24 panel
Ripple has announced its acquisition of Hidden Road for
$1.25 billion, marking one of the largest deals in the digital assets sector.
This acquisition makes Ripple the first crypto company to own and operate a
global, multi-asset prime broker.
Hidden Road, a rapidly growing prime broker,
provides services including clearing, prime brokerage, and financing across
foreign exchange, digital assets, derivatives, swaps, and fixed income.
Ripple Acquisition Supports Institutional Adoption of
Crypto
Brad Garlinghouse, CEO, Ripple, Source: LinkedIn
“We are at an inflection point for the next phase of
digital asset adoption—the US market is effectively open for the first time
due to the regulatory overhang of the former SEC coming to an end, and the
market is maturing to address the needs of traditional finance,” said Brad
Garlinghouse, CEO of Ripple.
The acquisition aims to support the next phase of growth in
the crypto industry by providing the infrastructure necessary for institutional
adoption. Prime brokers are seen as essential for bringing credibility and
professional trading services to digital assets, helping to bridge the gap
between traditional finance and decentralized finance.
“With these tailwinds, we are continuing to
pursue opportunities to massively transform the space, leveraging our position
and the strengths of XRP to accelerate our business and enhance our current
solutions and technology,” Garlinghouse added.
Ripple Enhances Infrastructure with Hidden Road
Acquisition
“With new resources, licenses, and added risk capital,
this deal will unlock significant growth in Hidden Road's business, allowing us
to increase capacity to our customer base, expand into new products, and
service more markets and asset classes,” said Marc Asch, Founder and CEO
of Hidden Road.
This acquisition reinforces Ripple USD's (RLUSD) position as
a USD-backed stablecoin, as Hidden Road uses it as collateral across its prime
brokerage products. RLUSD will be the first stablecoin to enable
cross-margining between digital assets and traditional markets.
Hidden Road will migrate its post-trade activity to XRPL to
streamline operations and reduce costs, highlighting XRPL's potential for
institutional decentralized finance (DeFi). Ripple aims to optimize costs and
liquidity in Ripple Payments and provide custody services for Hidden Road's
customers needing bank-grade digital asset custody.
“Together with Ripple, we're bringing the same level of
trust and reliability that institutional clients are accustomed to in
traditional markets—designed and optimized for a digital world,” Asch
added.
Higgins highlighted the firm’s recent achievement of
securing a license under the EU’s Markets in Crypto-Assets (MiCA) regulation in
the Netherlands, positioning it as one of the few approved entities under the
comprehensive European crypto-asset regulation.
He also addressed the balance between traditional finance
regulations and the growing crypto market, emphasizing the need for clear,
tailored regulations to encourage institutional involvement in the sector.
Ripple's Strategic Moves: Partnerships, Regulation, and
Investor Interest
Ripple has gained attention due to recent developments.
Michael Saylor, Executive Chairman of Strategy, discussed
the inclusion of cryptocurrencies in US strategic reserves following
President Trump’s executive order, which listed Bitcoin, Ethereum, XRP, Solana,
and Cardano. Saylor suggested that XRP should be regulated.
In South Korea, BDACS
will use Ripple Custody to secure XRP and RLUSD, while Ripple donated
$100,000 in XRP for California wildfire relief. Ripple expects Japanese banks
to adopt XRP Ledger by 2025 for cross-border payments. In DeFi, Ripple partners
with Chainlink to integrate RLUSD into Ethereum platforms.
Ripple has announced its acquisition of Hidden Road for
$1.25 billion, marking one of the largest deals in the digital assets sector.
This acquisition makes Ripple the first crypto company to own and operate a
global, multi-asset prime broker.
Hidden Road, a rapidly growing prime broker,
provides services including clearing, prime brokerage, and financing across
foreign exchange, digital assets, derivatives, swaps, and fixed income.
Ripple Acquisition Supports Institutional Adoption of
Crypto
Brad Garlinghouse, CEO, Ripple, Source: LinkedIn
“We are at an inflection point for the next phase of
digital asset adoption—the US market is effectively open for the first time
due to the regulatory overhang of the former SEC coming to an end, and the
market is maturing to address the needs of traditional finance,” said Brad
Garlinghouse, CEO of Ripple.
The acquisition aims to support the next phase of growth in
the crypto industry by providing the infrastructure necessary for institutional
adoption. Prime brokers are seen as essential for bringing credibility and
professional trading services to digital assets, helping to bridge the gap
between traditional finance and decentralized finance.
“With these tailwinds, we are continuing to
pursue opportunities to massively transform the space, leveraging our position
and the strengths of XRP to accelerate our business and enhance our current
solutions and technology,” Garlinghouse added.
Ripple Enhances Infrastructure with Hidden Road
Acquisition
“With new resources, licenses, and added risk capital,
this deal will unlock significant growth in Hidden Road's business, allowing us
to increase capacity to our customer base, expand into new products, and
service more markets and asset classes,” said Marc Asch, Founder and CEO
of Hidden Road.
This acquisition reinforces Ripple USD's (RLUSD) position as
a USD-backed stablecoin, as Hidden Road uses it as collateral across its prime
brokerage products. RLUSD will be the first stablecoin to enable
cross-margining between digital assets and traditional markets.
Hidden Road will migrate its post-trade activity to XRPL to
streamline operations and reduce costs, highlighting XRPL's potential for
institutional decentralized finance (DeFi). Ripple aims to optimize costs and
liquidity in Ripple Payments and provide custody services for Hidden Road's
customers needing bank-grade digital asset custody.
“Together with Ripple, we're bringing the same level of
trust and reliability that institutional clients are accustomed to in
traditional markets—designed and optimized for a digital world,” Asch
added.
Higgins highlighted the firm’s recent achievement of
securing a license under the EU’s Markets in Crypto-Assets (MiCA) regulation in
the Netherlands, positioning it as one of the few approved entities under the
comprehensive European crypto-asset regulation.
He also addressed the balance between traditional finance
regulations and the growing crypto market, emphasizing the need for clear,
tailored regulations to encourage institutional involvement in the sector.
Ripple's Strategic Moves: Partnerships, Regulation, and
Investor Interest
Ripple has gained attention due to recent developments.
Michael Saylor, Executive Chairman of Strategy, discussed
the inclusion of cryptocurrencies in US strategic reserves following
President Trump’s executive order, which listed Bitcoin, Ethereum, XRP, Solana,
and Cardano. Saylor suggested that XRP should be regulated.
In South Korea, BDACS
will use Ripple Custody to secure XRP and RLUSD, while Ripple donated
$100,000 in XRP for California wildfire relief. Ripple expects Japanese banks
to adopt XRP Ledger by 2025 for cross-border payments. In DeFi, Ripple partners
with Chainlink to integrate RLUSD into Ethereum platforms.
In this video, we take an in-depth look at @BlueberryMarketsForex , a forex and CFD broker operating since 2016, offering access to multiple trading platforms, over 1,000 instruments, and flexible account types for different trading styles.
We break down Blueberry’s regulatory structure, including its Australian Financial Services License (AFSL), as well as its authorisation and registrations in other jurisdictions. The review also covers supported platforms such as MetaTrader 4, MetaTrader 5, cTrader, TradingView, Blueberry.X, and web-based trading.
You’ll learn about available instruments across forex, commodities, indices, share CFDs, and crypto CFDs, along with leverage options, minimum and maximum trade sizes, and how Blueberry structures its Standard and Raw accounts.
We also explain spreads, commissions, swap rates, swap-free account availability, funding and withdrawal methods, processing times, and what traders can expect from customer support and additional services.
Watch the full review to see whether Blueberry’s trading setup aligns with your experience level, strategy, and risk tolerance.
📣 Stay up to date with the latest in finance and trading. Follow Finance Magnates for industry news, insights, and global event coverage.
Connect with us:
🔗 LinkedIn: /financemagnates
👍 Facebook: /financemagnates
📸 Instagram: https://www.instagram.com/financemagnates
🐦 X: https://x.com/financemagnates
🎥 TikTok: https://www.tiktok.com/tag/financemagnates
▶️ YouTube: /@financemagnates_official
#Blueberry #BlueberryMarkets #BrokerReview #ForexBroker #CFDTrading #OnlineTrading #FinanceMagnates #TradingPlatforms #MarketInsights
In this video, we take an in-depth look at @BlueberryMarketsForex , a forex and CFD broker operating since 2016, offering access to multiple trading platforms, over 1,000 instruments, and flexible account types for different trading styles.
We break down Blueberry’s regulatory structure, including its Australian Financial Services License (AFSL), as well as its authorisation and registrations in other jurisdictions. The review also covers supported platforms such as MetaTrader 4, MetaTrader 5, cTrader, TradingView, Blueberry.X, and web-based trading.
You’ll learn about available instruments across forex, commodities, indices, share CFDs, and crypto CFDs, along with leverage options, minimum and maximum trade sizes, and how Blueberry structures its Standard and Raw accounts.
We also explain spreads, commissions, swap rates, swap-free account availability, funding and withdrawal methods, processing times, and what traders can expect from customer support and additional services.
Watch the full review to see whether Blueberry’s trading setup aligns with your experience level, strategy, and risk tolerance.
📣 Stay up to date with the latest in finance and trading. Follow Finance Magnates for industry news, insights, and global event coverage.
Connect with us:
🔗 LinkedIn: /financemagnates
👍 Facebook: /financemagnates
📸 Instagram: https://www.instagram.com/financemagnates
🐦 X: https://x.com/financemagnates
🎥 TikTok: https://www.tiktok.com/tag/financemagnates
▶️ YouTube: /@financemagnates_official
#Blueberry #BlueberryMarkets #BrokerReview #ForexBroker #CFDTrading #OnlineTrading #FinanceMagnates #TradingPlatforms #MarketInsights
Exness CMO Alfonso Cardalda on Cape Town office launch, Africa growth, and marketing strategy
Exness CMO Alfonso Cardalda on Cape Town office launch, Africa growth, and marketing strategy
Exness is expanding its presence in Africa, and in this exclusive interview, CMO Alfonso Cardalda shares how.
Filmed during the grand opening of Exness’s new Cape Town office, Alfonso sits down with Andrea Badiola Mateos from Finance Magnates to discuss:
- Exness’s marketing approach in South Africa
- What makes their trading product stand out
- Customer retention vs. acquisition strategies
- The role of local influencers
- Managing growth across emerging markets
👉 Watch the full interview for fundamental insights into the future of trading in Africa.
#Exness #Forex #Trading #SouthAfrica #CapeTown #Finance #FinanceMagnates
Exness is expanding its presence in Africa, and in this exclusive interview, CMO Alfonso Cardalda shares how.
Filmed during the grand opening of Exness’s new Cape Town office, Alfonso sits down with Andrea Badiola Mateos from Finance Magnates to discuss:
- Exness’s marketing approach in South Africa
- What makes their trading product stand out
- Customer retention vs. acquisition strategies
- The role of local influencers
- Managing growth across emerging markets
👉 Watch the full interview for fundamental insights into the future of trading in Africa.
#Exness #Forex #Trading #SouthAfrica #CapeTown #Finance #FinanceMagnates
How does the Finance Magnates newsroom handle sensitive updates that may affect a brand?
How does the Finance Magnates newsroom handle sensitive updates that may affect a brand?
Yam Yehoshua, Editor-in-Chief at Finance Magnates, explains the approach: reaching out before publication, hearing all sides, and making careful, case-by-case decisions with balance and responsibility.
⚖ Balanced reporting
📞 Right of response
📰 Responsible journalism
#FinanceMagnates #FinancialJournalism #ResponsibleReporting #FinanceNews #EditorialStandards
Yam Yehoshua, Editor-in-Chief at Finance Magnates, explains the approach: reaching out before publication, hearing all sides, and making careful, case-by-case decisions with balance and responsibility.
⚖ Balanced reporting
📞 Right of response
📰 Responsible journalism
#FinanceMagnates #FinancialJournalism #ResponsibleReporting #FinanceNews #EditorialStandards
Executive Interview | Kieran Duff | Head of UK Growth & Business Development, Darwinex | FMLS:25
Executive Interview | Kieran Duff | Head of UK Growth & Business Development, Darwinex | FMLS:25
Here is our conversation with Kieran Duff, who brings a rare dual view of the market as both a broker and a trader at Darwinex.
We begin with his take on the Summit and then turn to broker growth. Kieran shares one quick, practical tip brokers can use right now to improve performance. We also cover the rising spotlight on prop trading and whether it is good or bad for the trading industry.
Kieran explains where Darwinex sits on the CFDs-broker-meets-funding spectrum, and how the model differs from the typical setups seen across the market.
We finish with a look at how he uses AI in his daily workflow — both inside the brokerage and in his own trading.
Here is our conversation with Kieran Duff, who brings a rare dual view of the market as both a broker and a trader at Darwinex.
We begin with his take on the Summit and then turn to broker growth. Kieran shares one quick, practical tip brokers can use right now to improve performance. We also cover the rising spotlight on prop trading and whether it is good or bad for the trading industry.
Kieran explains where Darwinex sits on the CFDs-broker-meets-funding spectrum, and how the model differs from the typical setups seen across the market.
We finish with a look at how he uses AI in his daily workflow — both inside the brokerage and in his own trading.
Why does trust matter in financial news? #TrustedNews #FinanceNews #CapitalMarkets
Why does trust matter in financial news? #TrustedNews #FinanceNews #CapitalMarkets
According to Yam Yehoshua, Editor-in-Chief at Finance Magnates, in a world flooded with information, the difference lies in rigorous cross-checking, human scrutiny, and a commitment to publishing only factual, trustworthy reporting.
📰 Verified reporting
🔎 Human-led scrutiny
✅ Facts over noise
According to Yam Yehoshua, Editor-in-Chief at Finance Magnates, in a world flooded with information, the difference lies in rigorous cross-checking, human scrutiny, and a commitment to publishing only factual, trustworthy reporting.
📰 Verified reporting
🔎 Human-led scrutiny
✅ Facts over noise
