Ripple has announced the acquisition of crypto-friendly prime broker Hidden Road for $1.25 billion, structured as a combination of cash, XRP tokens, and stock. This strategic move aims to expand Ripple's services to attract large institutional clients. CEO Brad Garlinghouse emphasized the importance of having the necessary infrastructure to appeal to major financial institutions. The acquisition, pending regulatory approval, will inject billions into Hidden Road to enhance its prime brokerage capabilities. This development coincides with evolving U.S. crypto regulations, drawing attention from traditional investors.