Today, @Ripple announced the acquisition of Hidden Road for $1.25B, one of the largest deals ever in the crypto space. But the price tag isn’t what’s most important – it’s that this deal marks a once-in-a-lifetime opportunity for crypto to access the largest and most trusted traditional markets, and vice versa.
Prime brokers (along with other key functions historically managed by banks for the most part) like Hidden Road have proven themselves as *the* trusted intermediary for the largest hedge funds, market makers, OTC desks, quant traders and more. Ripple has been a customer of Hidden Road for years, and we know their breadth of expertise firsthand, clearing $3 TRILLION annually for 300+ of the top financial institutions globally.
This is the capital and activity that will tap into XRP and the XRP Ledger’s bread-and-butter – instant, efficient, scalable and low cost movement of value. Instead of waiting for <24 hours to settle trades through fiat rails, Hidden Road will be using XRPL for clearing a portion of trades, and most consequentially, using RLUSD as collateral across its prime brokerage services, including cross-asset (crypto and traditional instrument) trades.
With this deal and the backing of Ripple’s significant balance sheet, Hidden Road will exponentially expand its capacity to service its pipeline and become the largest non-bank prime broker globally.
Ripple and Hidden Road combined are a generational leap forward, ready to truly bring the worlds of traditional and decentralized finance together. https://t.co/UYOOyQ21dG
IT'S TIME!
🌟 2025 Vibe Coding Game Jam #2
The #2 @hytopia game jam is here!
Vibe code a game on top of the easiest to use end-to-end multiplayer game engine for vibing, @hytopia
Prizes for winners, & winning games will launch on HYTOPIA w/ free promo & marketing by us!
HYTOPIA just launched the MCP Server — a first-of-its-kind tool to supercharge AI-powered creation with seamless SDK integration.
We’re not just keeping up with AI—we’re reinventing how games are built.
Let’s build the future together 🛠️
Minecraft ignited our imaginations. HYTOPIA is making it happen.” 🚀🎮
For years creators crafted incredible worlds without really owning them. Introducing HYTOPIA, where you can CREATE, OWN and EARN — in limitless ways. Welcome to the future of UGC gaming. 🔥
#HYTOPIA #UGCgaming
🧱 Breaking Blocks 🧱
HYGROUNDS just dropped - @FortniteGame's chaos + @CallofDuty's gunplay - all in HYTOPIA's style world, powered by HYTOPIA SDK & vibe coded w/ Claude 3.5/3.7.
Proof that cubes can crunch! ↓
Injective is witnessing record growth in users!💡
This is driven by new users shifting to true DeFi following CEX exploits, Injective's launch of new RWAs (e.g. onchain stocks), increased trading across Injective DEXs such as Helix & rising ecosystem growth.
The Injective Insider is here 💥
Here is a quick recap of Injective's past week from launching the first onchain Nvidia stock to introducing the iAsset RWA framework to releasing tokenized BlackRock funds with banking giant Nomura and much more.
$RENDER doesn't look too bad here Imo, we might see a deviation below current support and a quick reclaim o start its final leg up towards $35-$40
losing $2.15 means it's officially a bear market for this one
$HBAR READY FOR LIFTOFF!
$HBAR is setting up for an 818% explosion just like before! Look at that breakout—history is about to repeat itself! If you missed the last run, this is your second chance!
Targets locked. Are you in?
🚨 This is HUUUGE for $HBAR!!
“Grayscale Files 19b-4 For Hedera ETF With US SEC”
“Grayscale is next in line with push for an Hedera ETF product”
“Nasdaq Stock Market has filed the 19b-4 for the product”
“Grayscale now joins Canary Capital as push for altcoin ETF offerings grow”
“If approved, the Hedera ETF product will trade on the Nasdaq exchange, like other funds from Grayscale investments.”
Grayscale Manages over $40 BILLION and is a LEADING Cryptocurrency Fund!
This is VERY BIG and a little unexpected!! 🤯
🚨JUST IN: 🇺🇸President Trump has directed the Presidential Working Group to move forward on a Crypto Strategic Reserve that includes $XRP, $SOL, and $ADA
This is your weekly dose of Injective packed with new upgrades, new assets, and new milestones.
Check out what you missed:
✔️ @ericinjective on @CNBC!
✔️ Nivara Mainnet Upgrade
✔️ L1 Index launches on @helixapp_
And much more 🧵