Ripple announced the acquisition of prime broker Hidden Road for $1.25 billion, in what marks the largest deal in the crypto space. The deal is touted to bring institutional customers at scale, bridging traditional finance and decentralized finance. According to the press release, the deal also positions RLUSD as an enterprise-grade collateral across Hidden Road’s prime […]
Crypto acquisition
Neptune Digital Assets Expands Crypto Portfolio with Bitcoin and Dogecoin Acquisitions
Neptune Digital Assets acquires 20 BTC at $99,833 each and 1M DOGE at $0.37, expanding its crypto portfolio with strategic investments.
Tether Goes Farming With $100M Stake: Details
USDT issuer Tether takes a bite into the food industry. As per the latest sources, the stablecoin behemoth has acquired a 9.8% stake in Latin American agricultural giant Adecoagro for $100 million to diversify its farming and food sector investments. Adecoagro is one of Argentina’s largest major milk producers. This is Tether’s first venture into […]