
Wednesday Apr 09, 2025
168 - Ripple’s Major Acquisition and Web3 Advancements
168 - Ripple's Major Acquisition and Web3 Advancements
2025-04-09
In a significant move, Ripple acquires Hidden Road for $1.25 billion to enhance its institutional crypto services. Meanwhile, WeBank launches POTOS to bolster Hong Kong's Web3 future, and Spark Capital leads a $50 million Series B for the Web3 restaurant app Blackbird. Explore these pivotal developments in the crypto and blockchain space.
Sources:
https://crypto.news/ripple-acquires-prime-broker-hidden-road-for-1-25-billion-to-expand-institutional-services/
https://www.cointrust.com/market-news/webank-launches-potos-to-strengthen-hong-kongs-web3-future
https://www.nftgators.com/spark-capital-leads-50m-series-b-for-web3-restaurant-app-blackbird/