Ripple’s Acquisition Target Hidden Road Secures U.S. Broker-Dealer Approval
Hidden Road, the institutional credit network reportedly in acquisition talks with Ripple, has obtained a critical U.S. broker-dealer license from the Financial Industry Regulatory Authority (FINRA). This regulatory milestone positions the firm to expand its digital asset services for institutional clients amid growing institutional adoption. The license approval comes as Ripple continues strategic moves to strengthen its institutional offerings following last year’s landmark legal victory against the SEC. Market analysts suggest this development could accelerate institutional participation in crypto markets through compliant trading infrastructure.