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Ripple Buying Prime Brokerage Hidden Road for $1.25 Billion

Decrypt LogoDecrypt1w ago

Ripple Buying Prime Brokerage Hidden Road for $1.25 Billion - Decrypt

Quick Summary:

The blockchain technology firm’s acquisition of the prime brokerage marks one of the most highly valued deals in its industry.

Last month, Kraken announced its plans to acquire futures trading platform NinjaTrader for $1.5 billion in what would be the largest deals in crypto history.

The business move also comes as merger and acquisition activity heated up across the crypto industry prior to the implementation of trade tariffs by the Trump Administration that have cast doubts about the global economy.


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Article Details

Author / Journalist: Liz Napolitano

Category: Crypto

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-04-08 @ 16:06:32 (1 weeks ago)

News Timezone: GMT +8:00

News Source URL: decrypt.co

Language: English

Article Length: 481 words

Reading Time: 3 minutes read

Sentences: 18 lines

Sentence Length: 27 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Decrypt

News ID: 27731485

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About Decrypt

Decrypt Logo

Main Topics: Crypto

Official Website: decrypt.co

Update Frequency: 4 posts per day

Year Established: 2018

Headquarters: Estonia

News Last Updated: 8 hours ago

Coverage Areas: Estonia

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Worldwide

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #63

Publisher Details

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The story "Ripple Buying Prime Brokerage Hidden Road for $1.25 Billion" has 481 words across 18 sentences, which will take approximately 3 - 5 minutes for the average person to read.

Which news outlet covered this story?

The story "Ripple Buying Prime Brokerage Hidden Road for $1.25 Billion" was covered 1 weeks ago by Decrypt, a news publisher based in Estonia.

How trustworthy is 'Decrypt' news outlet?

Decrypt is a fully independent (privately-owned) news outlet established in 2018 that covers mostly crypto news.

The outlet is headquartered in Estonia and publishes an average of 4 news stories per day.

It's most recent story was published 8 hours ago.

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  • News ID: #27731485
  • URL: https://chronographically.beamstart.com/news/ripple-buying-prime-brokerage-hidden-1744128687643

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