Ripple’s 1.25 billion USD deal hints at 16 trillion USD play, says XRP lawyer

Ripple’s acquisition of Hidden Road for 1.25 billion USD targets institutional finance, signaling ambitions in the market potentially worth over 16 trillion USD.

Hidden Road, handling over 3 trillion USD in transactions annually, will integrate the XRP Ledger, enhancing Ripple’s position in the financial ecosystem.

Despite regulatory challenges, Ripple is pushing forward, aiming to lead in asset tokenization and custody services, aligning with institutional needs.

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