Derived from The Crypto Basic, Ripple CEO Brad Garlinghouse has reaffirmed XRP's central role in the company's strategy following the $1.25 billion acquisition of Hidden Road, now rebranded as Ripple Prime. The acquisition marks Ripple's largest deal to date and positions the company as the first crypto-related firm to own and operate a multi-asset prime broker. Garlinghouse emphasized that XRP remains integral to Ripple's operations, countering speculation that the company is shifting focus to its stablecoin RLUSD. The move is part of Ripple's broader strategy to build an 'Internet of Value' and expand its institutional offerings.
Ripple CEO Reaffirms XRP's Core Role Amid $1.25 Billion Hidden Road Acquisition
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