Ripple / Hidden Road 2025
Ripple acquired Hidden Road for $1.3B on January 1, 2025.
- Target
- Hidden Road
- Acquirer
- Ripple
- Deal value
- $1.3B
- Announced
- January 1, 2025
- Sub-sector
- Treasury / Cash Management
Transaction overview
- Ripple announced the acquisition of Hidden Road on January 1, 2025 for $1.3B.
- The deal is expected to close pending customary conditions.
Strategic rationale
Acquisition provides access to institutional prime brokerage, credit, clearing, and liquidity services for enterprise financial clients.
Deal terms & multiples
Frequently asked questions
How much did Ripple pay for Hidden Road?
Ripple acquired Hidden Road for $1.3B, announced on January 1, 2025.
When did Ripple announce the acquisition of Hidden Road?
Ripple announced the acquisition of Hidden Road on January 1, 2025.
What sub-sector is Hidden Road in?
Hidden Road is tracked in the Treasury / Cash Management sub-sector.
Sources
- finance.yahoo.com /markets/crypto/articles/ripple-targets-1-billion-revenue-113445620.html