BREAKING: 🇺🇸 RIPPLE PRESIDENT @MonicaLongSF TALKS ACQUIRING “HIDDEN ROAD” IN A $1.25 BILLION DEAL! “Using $RLUSD As Collateral For All Of Its Prime Brokerage Services” “As Well As Using The $XRP Ledger For A lot Of Its Post Trade Services” Comment Below & Follow For More!!👇👇

The bi-weekly FAssets incentives of $37,000 have just been distributed! FXRP demand is off the charts — minting capacity is consistently maxed out. Quick reminder: 1️⃣ FAssets V1.1 — currently under audit — will enable unlimited minting. 2️⃣ Redeeming, not minting, earns you lottery tickets in the V1 incentive program. Start redeeming now: https://t.co/OOOcXOsw50 https://t.co/CjP2VEO53t

Today, Ripple announced it is acquiring Hidden Road for $1.25B– becoming the first crypto company to own and operate a global, multi-asset prime broker. Together, Ripple and Hidden Road are bringing the promise of digital assets to institutional customers at scale, bridging traditional finance and decentralized finance in ways never seen before. https://t.co/dxNz6sG0JO

Ripple’s acquisition of Hidden Road is a defining moment for the XRP Ledger and XRP. The prime broker clears upwards of $10B and processes over 50M transactions a day on various traditional rails, waiting up to 24 hours for those transactions to settle. Now imagine even a portion of that activity on the XRP Ledger – and that’s exactly what Hidden Road plans on doing – not to mention future use of collateral and real-world assets tokenized on the XRPL.

The best thing you'll read all day: "“Instead of waiting for up to 24 hours to settle trades through fiat rails, Hidden Road will be using #XRPL# for clearing a portion of trades, and most consequentially, using RLUSD as collateral across its prime brokerage services,”

Today, @Ripple announced the acquisition of Hidden Road for $1.25B, one of the largest deals ever in the crypto space. But the price tag isn’t what’s most important – it’s that this deal marks a once-in-a-lifetime opportunity for crypto to access the largest and most trusted traditional markets, and vice versa. Prime brokers (along with other key functions historically managed by banks for the most part) like Hidden Road have proven themselves as *the* trusted intermediary for the largest hedge funds, market makers, OTC desks, quant traders and more. Ripple has been a customer of Hidden Road for years, and we know their breadth of expertise firsthand, clearing $3 TRILLION annually for 300+ of the top financial institutions globally. This is the capital and activity that will tap into XRP and the XRP Ledger’s bread-and-butter – instant, efficient, scalable and low cost movement of value. Instead of waiting for <24 hours to settle trades through fiat rails, Hidden Road will be using XRPL for clearing a portion of trades, and most consequentially, using RLUSD as collateral across its prime brokerage services, including cross-asset (crypto and traditional instrument) trades. With this deal and the backing of Ripple’s significant balance sheet, Hidden Road will exponentially expand its capacity to service its pipeline and become the largest non-bank prime broker globally. Ripple and Hidden Road combined are a generational leap forward, ready to truly bring the worlds of traditional and decentralized finance together. https://t.co/UYOOyQ21dG

Ripple is acquiring prime-brokerage Hidden Road for $1.25 billion, marking the largest deal ever for the digital-asset company and one of the biggest in the history of the cryptocurrency industry https://t.co/V8MnmykjGk

New data from our @HarrisPoll report reveals 76% of crypto holders trust crypto as much or more than traditional banking institutions. "We understand why people have been skeptical of crypto - there hasn't been a central resource for credible, trustworthy information until now," says NCA President @s_alderoty. "The truth is crypto is positively impacting millions of Americans' lives today." Read our full report here: https://t.co/1LT2e8eUDJ

Hi all! I hope you all are well! #XRP# touched the Monthly Wave 4 dip yesterday and had a wick below our target Fibonacci Level at $1.8815 🎯, which is normal. The daily candle closed above this significant level. The chart explains everything itself. Sags below $1.88 can occur with some side moves. I trust $1.8815 as a trigger to Wave 5. Road to $8 (NFA)