Cryptocurrency firm Ripple said it would acquire credit network Hidden Road for $1.25 billion.

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Cryptocurrency firm Ripple said it will acquire credit network Hidden Road for $1.25 billion.

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Illustration of a Ripple cryptocurrency coin with a world map on it, surrounded by other gold coins.

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Ripple said the acquisition will combine its crypto operations with ownership and operation of a multi-asset prime broker.

Ripple to Acquire Credit Network Hidden Road for $1.25 Billion

The deal is expected to close in the coming months, pending regulatory approval

Denny Jacob

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