Ripple’s Acquisition Target Hidden Road Secures U.S. Broker-Dealer Authorization
Hidden Road, the financial infrastructure firm poised for acquisition by blockchain payments leader Ripple, has achieved a significant regulatory milestone by obtaining its broker-dealer license from U.S. financial authorities. This approval positions the institutional-focused trading platform to expand its services while operating under enhanced regulatory oversight. The licensing comes at a pivotal moment as Ripple continues strategic expansion into institutional capital markets infrastructure, with this acquisition expected to close following standard regulatory reviews. Industry analysts note this development could accelerate institutional adoption of digital asset trading solutions while maintaining compliance with SEC and FINRA requirements.
