Tag: wall street

Ripple's $1.25B Buy: A Trojan Horse for Crypto's Wall Street Takeover?

Ripple's $1.25B Buy: A Trojan Horse for Crypto's Wall Street Takeover?

Could it really be that we are witnessing the long-predicted crypto mainstreaming, or a much darker and more insidious reality. Ripple has recently completed the purchase of Hidden Road for $1.25 billion. This $3T+/year clearinghouse provider is being heralded as the new key connective tissue between TradFi and DeFi. I...

Ripple's $1.25B Gamble: Can Crypto's Wild West Tame Wall Street's Wolves?

Ripple's $1.25B Gamble: Can Crypto's Wild West Tame Wall Street's Wolves?

Ripple’s smart $1.25 billion acquisition of Hidden Road is a serious game changer. Others view it as a vital on-ramp linking the fast-paced nascent world of crypto with the regimented, regulated, and slower-moving world of traditional finance. Is it really? Or is it really yet another high-stakes gamble that will...