Ripple’s Hidden Road Acquisition: A Timely Strategic Move
Deal News | Apr 26, 2025 | EIN
The article provides a roundup of significant financial and business transactions, emphasizing Ripple's acquisition of Hidden Road for $1.25 billion. This move is seen as a natural fit to resolve the supply and demand challenges faced by Hidden Road's clients and to accelerate expansion efforts. Additional highlights include NAGA Group's acquisition of TRADE.com UK, XTB's strategic rollout in France, and Instant Funding's new cryptocurrency platform. Notable financial developments are reported from Revolut and Elon Musk's decision to shift focus away from the Department of Government Efficiency. The article concludes with findings on inadequate reimbursement processes in the UK workforce.
Sectors
- Financial Services
- Cryptocurrency
Geography
- United States – Ripple is a US-based company and the acquisition of Hidden Road impacts the US financial services market.
- United Kingdom – NAGA Group's acquisition of TRADE.com UK marks significant activity in the UK's financial services market.
- Australia – SelfWealth, a target in one of the discussed acquisitions, is based in Australia.
- Poland – XTB, a Polish fintech, is expanding its services across Europe, directly affecting markets in Poland.
Industry
- Financial Services – The article discusses multiple acquisitions and expansions within the financial services sector, including transactions by companies such as Ripple, Revolut, and XTB.
- Cryptocurrency – Ripple's acquisition and Instant Funding's new cryptocurrency platform place a focus on digital asset management and innovation in blockchain technologies.
Financials
- $1.25 billion – Price of Ripple's acquisition of Hidden Road.
- 1.24 million ($1.65 million) – Deal size of NAGA Group's acquisition of TRADE.com UK.
- AUD 65 million – Value of Syfe's acquisition of SelfWealth.
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| Ripple | Bidding Company | Company | A US-based technology company with a focus on cryptocurrency and blockchain solutions. |
| Hidden Road | Target Company | Company | An institutional optionality trading platform with high demand for balance sheet solutions. |
| NAGA Group | Bidding Company | Company | A publicly listed company making a strategic return to the UK market through acquisitions. |
| TRADE.com UK | Target Company | Company | UK division of a brokerage firm previously in financial decline. |
| SelfWealth | Target Company | Company | An Australian trading platform subject to acquisition discussions. |
| Syfe | Bidding Company | Company | A Singapore-based investment platform acquiring SelfWealth. |