Ripple, one of the leading companies in the crypto and blockchain sector, has taken another big step and continued its global expansion by supporting Hidden Road. Hidden Road, a digital asset prime brokerage firm, is now launching its operations in Abu Dhabi, marking a significant milestone not only for the company but for the entire crypto industry.
Table of Contents
- Who is Hidden Road?
- Abu Dhabi: Emerging Hub for Crypto
- Ripple’s Strategy
- Role of Hidden Road
- Ripple’s Presence in the MENA Region
- Conclusion
Who is Hidden Road?
Hidden Road is a modern financial institution that provides prime brokerage services. It aims to bridge the gap between traditional and digital financial assets. The firm provides advanced and secure trading solutions to institutional investors globally. With Ripple’s support, Hidden Road is now expanding its reach to the Middle East, with Abu Dhabi being its next stop.
Abu Dhabi: Emerging Hub for Crypto
The UAE, particularly Abu Dhabi, has become one of the most prominent regions promoting the blockchain and crypto sector over the past few years. Institutions such as the Abu Dhabi Global Market (ADGM) have adopted favorable policies to regulate digital assets and promote innovation. As part of this, Hidden Road has received a financial services permit from the ADGM, allowing it to legally operate in Abu Dhabi.
Ripple's strategy
Ripple has long been striving to strengthen the role of blockchain in the global financial system. Supporting Hidden Road and setting it up in a strategic location like Abu Dhabi is a step in that direction. According to Ripple, this partnership will provide institutional investors with features such as greater transparency, faster transactions and better liquidity.
Ripple CEO Brad Garlinghouse described the move as a “milestone towards institutional crypto adoption.” He believes that the integration of traditional banking and crypto technology is necessary in the future financial world and Ripple is working in this direction.
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Role of Hidden Road
Hidden Road aims to become a trusted non-bank prime brokerage in global markets. Its platform allows users to trade seamlessly in digital assets, without relying directly on any exchange. This reduces risk and gives institutional investors a new way to keep their capital safe.
Hidden Road’s presence in Abu Dhabi makes it clear that crypto firms are now moving beyond traditional financial centers and entering new regions that are ready for innovation and technological adoption.
Role of Ripple in the MENA region
Ripple is already active in the MENA (Middle East and North Africa) region. The company has partnered with several banks and financial institutions to make cross-border payments simpler and cheaper. This partnership with Hidden Road will give Ripple an opportunity to penetrate deeper into institutional markets.
Conclusion
This partnership between Ripple and Hidden Road is not just a deal between two companies, but it is the beginning of a big change in the crypto world. It shows that digital assets are not just trading tools but are going to be an integral part of the financial structure of the future.
The presence of such firms in hubs like Abu Dhabi will connect the local economy to the global crypto network and make the region future-ready.