Ripple Acquires Hidden Road: A Look at Performance and Impact on XRP
One year after acquiring Hidden Road for $1.25 billion, Ripple has rebranded it as Ripple Prime, which tripled in size with client collateral doubling and daily transactions exceeding 60 million. However, the success of Ripple Prime hasn't translated into a strong performance for XRP, which fell by 27% in Q1.
Tickers: $XRP
Topics: Hidden Road Institutional Adoption Prime Brokerage Ripple XRP