💰- Ripple makes a record acquisition ! - 09/04/2025
But also: World Liberty Financial announces an airdrop of its stablecoin, the market plunges again after the announcement of new tariffs against China, and ESMA warns of risks in the sector
Hello 👋
Welcome to your daily two-minute briefing on the latest developments in the Web3 space.
🔥 TODAY'S HOT NEWS
Ripple completes acquisition of Hidden Road for $1.25 billion
Ripple has just taken a major strategic step forward with the acquisition of prime broker Hidden Road for $1.25 billion. This operation, one of the most ambitious in the crypto sector, propels Ripple to the heart of global financial infrastructures. Hidden Road, which handles more than $3 trillion in volumes per year, is a key player in institutional markets, particularly in derivatives, currencies and digital assets.
By getting its hands on this platform, Ripple becomes the first crypto company to own a global multi-asset PRIME broker. The objective is twofold: to integrate finance networks deeply and to strengthen the use of its in-house products such as the RLUSD stablecoin. The latter will be used for cross margin on the PRIME brokerage platform, positioning Ripple as a pioneer in the integration of stablecoins into institutional risk management.
The operation is part of a broader strategy aimed at making XRPL the preferred infrastructure for post-market settlements. This migration should reduce costs and accelerate capital flows, key elements in attracting traditional financial players. Ripple thus intends to capitalise on its more than 60 global regulatory licences to become an essential bridge between DeFi and traditional finance.
💎 MARKETCAP
🟠 BITCOIN : 77 200 $ 📉
🔵 ETHER : 1 470 $ 📉
🟢 FEAR & GREED : 15 📉
World Liberty Financial announces airdrop of its stablecoin
The Trump family project plans to airdrop its future stablecoin USD1 to WLFI holders. The objective is threefold: to test the technical infrastructure, to introduce USD1 to the community, and to reward the first supporters.
Market plunges again after announcement of new tariffs against China
The crypto market continued to fall after the announcement of a 104% tariff on all Chinese imports, effective immediately. Bitcoin fell 3% and Ethereum 5% after the announcement.
ESMA warns of the risks posed by the crypto sector
ESMA has once again warned of the risks of cryptocurrencies to financial stability. The regulator emphasises that their increasing integration into traditional finance could amplify their effects in the event of turbulence.
Trump rejects trade deal with EU
Despite an attempt at a ‘zero for zero’ compromise on the part of the EU, the negotiations failed, with Trump judging the offer insufficient and accusing Europe of protectionism, particularly in the automotive and agricultural sectors.
🐸 MEME OF THE DAY
BlackRock announces partnership with Anchorage Digital for the custody of its crypto ETFs
BlackRock has announced that Anchorage Digital will now provide custody services for some of the BTC and ETH held by its IBIT and ETHA ETFs. This partnership is in addition to the one already in place with Coinbase, without replacing it.
Binance to delist 14 tokens following community vote
Binance yesterday announced the delisting of 14 tokens as part of its tightening of quality criteria for listed projects. This decision follows an in-depth evaluation including, for the first time, a community vote.
Solana announces an update to strengthen its confidentiality
Solana has unveiled an update called ‘Confidential Balances’, aimed at strengthening the confidentiality of transactions while respecting regulatory requirements thanks to homomorphic encryption and ZK proofs.
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Emma and Ben
