The crypto community has seen some major acquisitions in the past. However, 2025 might be the year of one of the biggest acquisitions in crypto history. In a recent report published by Reuters, Ripple confirmed that it is all set to acquire Hidden Road for $1.25 billion.
Hidden Road is one of the leading names in the world of multi-asset prime brokers. If this acquisition goes through, it could make history as one of the biggest crypto acquisitions to date. However, it will rank only second to Kraken’s acquisition of Ninja Trader, which was acquired for $1.5 billion.
The news of this acquisition came during the Pro-crypto run of newly elected President Donald Trump. Trump has promised to change his stance towards crypto and take on a more pro-crypto stance. Therefore, could this be the beginning of billion-dollar acquisitions?
Ripple’s Hidden Road Acquisition
In a recent press release, Ripple CEO Brad Garlinghouse claimed, “The U.S. 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.”
At press time, Hidden Road generates approximately $3 trillion annually across different markets with close to 300 individual and institutional clients. If this deal follows through, then Hidden Road can grow exponentially.
Subsequently, this acquisition can also make Ripple one of the biggest crypto companies that owns a multi-asset prime broker. Subsequently, the overall pricing of Ripple’s native token might also increase. Hence, the whole crypto community is waiting for the decision with bated breath.
There is no specific news about the acquisition as of now. However, it is speculated that the deal might follow through in the coming months. Hence, now is the time to wait and see what happens.
