Hidden Road Secures $1.25 Billion in Acquisition Financing on April 8, 2025
XRP
XRP
-3.18%
According to industry sources, Hidden Road was acquired by Ripple for $1.25 billion on April 8, 2025. Upon completion of this transaction, Hidden Road’s total cumulative financing reached $1.3 billion.Hidden Road is a global credit network platform serving institutional investors. The company offers a quantitative-driven platform that provides real-time risk management and seamless credit services for both traditional and digital assets, with business lines including prime brokerage, clearing, and financing services.Notably, prior to its acquisition by Ripple, Hidden Road completed a $50 million Series A financing round in July 2022. Following the acquisition, Hidden Road successfully obtained a U.S. broker-dealer license on April 18, 2025, marking a significant milestone in regulatory compliance and business expansion.This acquisition is of considerable significance for the digital asset industry. By combining Ripple’s blockchain technology capabilities with Hidden Road’s institutional service infrastructure, the transaction is expected to deliver enhanced digital asset service solutions for institutional investors and may encourage deeper participation by traditional financial institutions in the digital asset market.
this-content
disclaimer-th
comment
XRP fundraising-history
| fundraising-Round | fundraising-amount | fundraising-valuation | fundraising-time | fundraising-investor |
|---|---|---|---|---|
| M&A | fundraising-$B | -- | 2025-04-07 | Ripple |
fundraising-key-milestones
- 2025-04-18Hidden Road Secures US Brokerage License
- 2025-04-08Hidden Road was acquired by Ripple.
- 2022-07-07Hidden Road raised $50 million in a Series A round.
24hour-high
$2.83
24hour-volume
$96.40M
alltime-high
$3.65
alltime-low
$0.002686
market-cap--f
59.83%
fdv
$283.00B
24hour-low
$2.76
market-cap
$282.95B
circulating-s
59.82B XRP
total-supply
99.98B XRP
max-supply
100.00B XRP
market-sentim
positive
| 1H | 24H | 7D | 30D | 1Y |
|---|---|---|---|---|
0.25% | 1.5% | 4.84% | 0.38% | 380.6% |
