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🚀 Ripple expands its institutional network with FINRA license from Hidden Road

$XRP (-1,28 %) Ripple takes the next step towards institutional expansion:

With the acquisition of Hidden Road Partners Ripple has secured access to a now officially regulated broker-dealer. Hidden Road recently received a FINRA license license and is now allowed to offer services such as clearing, financing and prime brokerage for various assets. ✅

This makes Ripple the first crypto company with a global, multi-asset prime broker. Some analysts interpret the current XRP price of around USD 2 as strategically stable - while a global settlement system is being worked on in the background. 🧠

At the same time, HashKey Capital in Asia launched the first XRP investment fund for institutional investors launched in Asia. 📈

📌 Sources:

💬 Conclusion: Ripple is specifically building an infrastructure for big players. Will XRP soon be revalued?

https://de.beincrypto.com/xrp-hidden-road-erhaelt-finra-lizenz/
https://de.beincrypto.com/hashkey-startet-ersten-xrp-investmentfonds-in-asien/

de.beincrypto.comRipple überrascht mit FINRA-Lizenz – kommt jetzt der XRP-Boom?

2 Commentaires

batic420@batic420

Although my position is currently in the red, news like this gives me confidence 😎.

I'm pleased to hear that Ripple is continuing to expand, wants to become a professional player in the crypto industry and is really stepping on the gas here!

I'm curious to see what the future holds here, although the hype on XPR has died down somewhat (see former prices of over €3), but things like this could bring XRP back into the conversation in the future and maybe my position will look better again 😅

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PaulPK@PaulPK

@batic420 "In fact, analysts also claim that XRP's neutral reaction to the recent milestones is not a sign of weakness, but a strategic move. In a recent analysis, crypto analyst Levi argued that the current XRP price hovering around USD 2 is not a coincidence, but the result of a deliberate move by Ripple."

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