Ripple to Make Acquisition Deals, as the Firm got a very Strong Balance Sheet
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Despite the ongoing battle with the US Securities and Exchange Commission, Ripple is seeking lucrative acquisition opportunities. Since its launch in 2013,the firm has made many acquisitions,…
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US-based cryptocurrency company Ripple has recently announced its acquisition of Metaco. Metaco is a Swiss-based crypto custody firm and the deal, valued at $250 million, marks Ripple’s foray into the acquisition space. Metaco specializes in developing cutting-edge technology that enables financial institutions to securely store and effectively manage digital assets.…
Hidden Road gains FINRA license to expand fixed-income brokerage services. Ripple’s $1.25B acquisition of Hidden Road awaits regulatory approval. Post-trade systems to migrate to XRPL for faster, cost-efficient settlements. Hidden Road’s U.S. division has obtained broker-dealer registration from the Financial Industry Regulatory Authority (FINRA), marking a major expansion of the…