• Advertise with us
  • Pricing
  • Submit News
Instagram Twitter Facebook Telegram Youtube Linkedin
EdaFace Newsfeed
EdaFace Newsfeed EdaFace
  • News
    • Price Analysis

    Main News

    • Crypto News
    • Bitcoin and BTC
    • Altcoin News
    • Security & Hacks
    • ICO & Token Sales
    • Interviews & Profiles

    Information

    • Press Release
    • Research Report
    • Regulations, Law & Policy
    • Community/Guest Post
    • Events & Conferences
    • Tutorials & Guides

    Market

    • Technical Analysis
    • Price Analysis
    • Cryptocurrency Price Prediction
    • DeFi (Decentralized Finance)
    • Mining & Staking

    Other Categories

    • NFTs & Digital Art
    • Opinion & Editorials
    • Tech Innovations
  • Cryptocurrencies
    • Coin Ranking
    • Trending
    • EDA Token
  • Exchanges
    • Spot
    • Derivatives
    • DEX
    • EDA Plantation
  • Verification Centre
    • Rug Pull Check
    • Blockchain Ecosystem
    • EDA Token
  • MarketPlaces
    • NFT Marketplace
    • Digital Literature
    • Digital Mall
    • P2P Market
    • Metaverse
  • EDA Academy
More
  • News
    • Price Analysis
  • Cryptocurrencies
    • Coin Ranking
    • Trending
    • EDA Token
  • Exchanges
    • Spot
    • Derivatives
    • DEX
    • EDA Plantation
  • Verification Centre
    • Rug Pull Check
    • Blockchain Ecosystem
    • EDA Token
  • MarketPlaces
    • NFT Marketplace
    • Digital Literature
    • Digital Mall
    • P2P Market
    • Metaverse
  • EDA Academy
Reading: Good news for XRP Coin is already fruitful
Share
Sign In
EdaFace Newsfeed
EdaFace Newsfeed EdaFace
EdaFace Newsfeed > Latest News > Altcoin News > Good news for XRP Coin is already fruitful
Altcoin News

Good news for XRP Coin is already fruitful

vitalclick
Last updated: April 18, 2025 12:41 am
1 month ago
Share
SHARE

The Hiddle Road, the Prime Armagio company, has been purchased by Ripple Labs and received a new license that allowed FINRA to work as a broker-dealers. This development aims to expand the company’s services for corporate investors.

Good news for xrp coinEffect of Ripple Labs

Good news for xrp coin

The new undergraduate license allows the Hidden Road to provide financing services for prime intermediary, Clearing and fixed income assets that provide access to the portfolios of large institutions. The company aims to build bridges between crypto assets and traditional market. In addition, new financing options for fixed income -based products are aimed at commissioning.

Christmas Kimmel (CEO): “The new license is an important step in terms of improving our platform and expanding our customer range.”

Ripple Labs’s purchase of Hidden Road for about $ 1.25 billion has an important place in the company’s growth strategy. The purchase process was recorded as the biggest purchase of Ripple so far. In addition, the company finds the opportunity to work with a wider financial infrastructure means indirect benefit for XRP Coin.

Effect of Ripple Labs

Hidden Road was founded by Marc Asch in 2018 and has been operating in the field of crypto assets and foreign exchange transactions since its establishment. In a financing round held in 2022, he collected approximately $ 50 million with the participation of investors such as Citadel Securities, Coinbase Ventures and Wintermute.

The company’s agreement with Ripple Labs brought about new strategic steps, such as the use of Rlusd Stablecoin as a guarantee and the execution of post-trace transactions through Ripple’s XRP Ledger. This aims to manage commercial transactions more effectively and improve the trade processes.

In addition, the approval of the Hidden Road as a member of the Fixed Income Clearing Corporation also paves the way for the company to provide fixed income services. This development aims to strengthen the access of corporate customers to service between both crypto assets and traditional markets.

Ripple Labs’ cooperation with Chipper Cash is one of the steps taken to bring rapid and low -cost border payments to the African market. This strategic partnership aims to contribute to the acceleration of financial transactions in the region.

Hidden Road plans to provide solutions to corporate investors in both digital and traditional markets with its new license and expanding service perspective. The company tries to increase its competitiveness in the market by implementing its developing strategies.

Responsibility Rejection: The information contained in this article does not contain investment advice. Investors should be aware that crypto currencies carry high volatility and thus risk and carry out their operations in line with their own research.

You Might Also Like

Developments that make hope in Bonk Coin! February 5 price comments, analysis

Shiba Inu Comment, Analysis! February 13, 2025 for Shıb Coin

Whales Gone Wild: Comments from Expert Analysts for Dogecoin (DOGE), SOL and Altcoins

XRP and MOVE Coin Bull Rally Price Targets

Dogecoin’s Doga coup! Nobody was waiting for this, will not be used

TAGGED:Altcoin
Share This Article
Facebook Twitter Email Print
Previous Article All current estimates and targets about Poppe’s Bitcoin
Next Article Ali Martinez’s current BTC, ETH and left coin price estimates
Leave a comment

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Crypto Live Widget

Follow for Live Updates
Subscribe to our newslettern

Get Newest Articles Instantly!

- Advertisement -
Ad imageAd image
Popular News
Cryptocurrency Regulation in Russia : Blockchain Development
Current Cryptocurrency Regulations in India
Explore Cryptocurrency Regulation in South Korea
2 Altcoins Win Trial
Claimed Bitcoin Inventor Craig Wright Gets Shocked in Court! His Assets Are Frozen

Company

  • Vision
  • Mission
  • LitePaper
  • Whitepaper
  • Core Values
  • Branding
  • Teams
  • Career Listing
  • FAQ
  • Welfare Donations

Products

  • EDA Token
  • Blockchain Literature
  • EdaFace Dex
  • EdaFace Mall
  • Listing Platforms
  • Newsfeed
  • NFT Marketplace
  • P2P Market
  • Scam Verification Centre
  • School of Crypto

Legal

  • Term of Use
  • Privacy Policy
  • Disclaimer
  • Listing T&C
  • Listing Platforms
  • Eda Token Policy

Always Stay Up to Date

Subscribe to our newsletter to get our newest articles instantly!

EdaFace

About US

EdaFace is a user interface aggregator that brings all the various functionalities of the crypto industry onto a single platform! You can advertise, launch and crowdfund your crypto project via EdaFace Launchpad and Newsfeed.

Contact us: support@edaface.com

Follow us

Instagram Twitter Facebook Telegram Youtube Linkedin

Copyright © 2022 – 2024. EdaFace is a product of Emerging Digital Age (EDA) Pty Ltd. All Rights Reserved.

Join Us!
Subscribe to our newsletter and never miss our latest news, podcasts etc..

Zero spam, Unsubscribe at any time.
EdaFace
Welcome Back!

Sign in to your account

Lost your password?