Ripple’s acquisition of Hidden Road for 1.25 billion USD reflects a strategic shift towards leveraging XRP and RLUSD in financial services. Austin King compares this to SoftBank’s acquisition tactics aimed at aggressive growth and portfolio expansion.
The acquisition potentially enhances Ripple’s financial infrastructure, with the Hidden Road deal bringing in significant brokerage capabilities. Ripple plans to continue exploring large-scale acquisitions to strengthen its foothold in the financial services sector.
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