在主要的Ripple新闻中，该公司以12.5亿美元的价格收购了Hidden Road

在主要的Ripple News中，该公司以12.5亿美元的价格收购了Hidden Road，影响了加密货币和传统财务部门。

Major news is hitting the crypto sector as Ripple has acquired Hidden Road for $1.25 billion. This deal, which is set to be completed by Q3 2025, will be paid for using a mix of cash, Ripple equity, and XRP tokens.

主要新闻是袭击加密货币领域，因为Ripple以12.5亿美元的价格收购了Hidden Road。这笔交易将于第3季度2025完成，将用于使用现金，波纹权益和XRP代币的混合。

The use of a crypto-native token alongside conventional assets is a unique aspect of the merger, which pivots Ripple towards handling core liquidity functions within the institutional crypto space. Last year, Hidden Road processed $3 trillion in transfers, highlighting the vast scale of operations that Ripple will be integrating.

与常规资产一起使用加密代理的使用是合并的独特方面，该方面旋转着处理机构加密货币空间内的核心流动性功能。去年，隐藏的道路处理了3万亿美元的转移，强调了Ripple将集成的大量运营。

Coin Bureau CEO Nic Puckrin has reacted to the news, highlighting the shift from niche innovation to a serious institutional force in crypto. He points out that usually, crypto firms get acquired by traditional companies, but this time, the acquirer is a crypto company, showcasing a change in industry dynamics.

硬币局首席执行官尼克·普克林（Nic Puckrin）对这一消息做出了反应，强调了从利基创新到加密货币的严重机构力量的转变。他指出，通常，加密公司被传统公司收购，但是这次，收购方是一家加密公司，展示了行业动态的变化。

Puckrin adds that the U.S. regulatory climate has become more favorable for crypto, leading to a surge in institutional crypto adoption. In response, crypto-native companies like Ripple are pushing for IPOs and seeking deeper integration into the market.

Puckrin补充说，美国监管气候对加密货币的有利有利，从而导致采用机构加密货币。作为回应，像Ripple这样的加密本地公司正在推动IPO，并寻求更深入的集成到市场。

This merger might seem to violate the decentralized nature of crypto, but Puckrin believes it's crucial for broader adoption. He anticipates two parallel paths: a decentralized retail-driven market focused on innovation and an institutional ecosystem concentrated on compliance and infrastructure.

这种合并似乎违反了加密货币的分散性质，但Puckrin认为这对于更广泛的采用至关重要。他预计有两条平行的路径：一个分散的零售驱动的市场，重点是创新，而机构生态系统则集中在合规性和基础设施上。

Ripple's move clearly targets the latter path, using regulation as a bridge to achieve mainstream legitimacy.

Ripple的举动清楚地针对后一条路径，使用法规作为实现主流合法性的桥梁。

The acquisition of Ripple marks a calculated move into the core operational structure of institutional finance. While traditionally handling cross-border payments, the company is now pivoting toward enabling financial operations like post-trade settlement.

涟漪的获取标志着计算出的机构金融核心运营结构的措施。尽管传统上处理跨境支付，但该公司现在正在朝着实现诸如交易后解决方案之类的金融业务进行枢纽。

Hidden Road's infrastructure gives Ripple quicker access to a space that has been largely dominated by large Wall Street firms. While some might think Ripple is aiming to rival these banks, Puckrin suggests more fundamental goals are likely, focused on institutional crypto integration.

Hidden Road的基础设施使连锁反应更快地进入了一个由大型华尔街公司主导的空间。尽管有些人可能认为Ripple的目标是与这些银行相媲美，但Puckrin表明，更多的基本目标可能是侧重于机构加密整合。

Instead of aiming for displacement, Ripple may be seeking to build the essential infrastructure that giants like JPMorgan can utilize. This perspective shifts the narrative from competition to collaboration, a factor that could be crucial for the long-term success of the crypto industry in the institutional domain.

Ripple并没有瞄准流离失所，而是寻求建立像JPMorgan这样的巨人可以利用的基本基础设施。这种观点将叙事从竞争转变为合作，这对于加密行业在机构领域的长期成功可能至关重要。

The deal's unique payment structure could also increase the Ripple price and signal long-term faith in the ecosystem. Using the token as part of the financing displays trust in XRP and showcases its practical utility as a financial instrument.

该交易的独特支付结构也可以提高波纹价格和对生态系统的长期信仰的信号。使用代币作为融资的一部分，显示了XRP的信任，并将其实际实用程序作为金融工具展示。

Puckrin highlights this move as a key example of a company using a "strategic treasury asset," which could influence future mergers if other projects become similarly trustworthy.

Puckrin强调了这一举动是使用“战略财政资产”的公司的关键例子，如果其他项目同样值得信赖，这可能会影响未来的合并。

This approach could be especially interesting to follow, as it ties into the broader discussion of decentralized autonomous organizations (DAOs) and community-driven projects in the crypto space.

遵循这种方法可能特别有趣，因为它与加密货币领域中的分散自治组织（DAOS）和社区驱动项目的更广泛讨论有关。

If a project's token is used as a form of payment or investment in a large-scale merger, it could signify a deep level of faith in that project's future and potential.

如果将项目的令牌用作大规模合并中的付款或投资形式，则可以表示对该项目的未来和潜力的深厚信念。

However, this scenario also raises questions about the consolidation of power in a few big companies and the possibility of reducing the competitive landscape within the crypto industry.

但是，这种情况还提出了一些有关少数大公司的权力巩固的疑问，并有可能减少加密货币行业的竞争格局。

The use of XRP also ties into the broader narrative of the token's price and the overall legitimacy of the Ripple blockchain.

XRP的使用还与代币价格的更广泛叙述以及波纹区块链的整体合法性联系在一起。

The inclusion of XRP in the financing agreement could be seen as an attempt to boost the token's price and increase its value over time.

将XRP纳入融资协议可以被视为试图提高令牌价格并随着时间的推移提高其价值。

This move could be especially relevant given recent reports of a lawsuit by the U.S. Securities and Exchange Commission (SEC) against Ripple, which focused on the sale of XRP.

鉴于美国证券交易委员会（SEC）针对Ripple的最新报道，该举动尤其重要，该诉讼的重点是出售XRP。

The use of the token in a major merger like this could be a step towards increasing XRP's acceptance and integration within traditional financial institutions.

在这样的主要合并中使用令牌可能是迈向增加XRP在传统金融机构中的接受和整合的一步。

The crypto industry is buzzing about Ripple's massive $1.25 billion acquisition of Hidden Road, the first time a crypto company is owning and operating a global, multi-asset prime broker.

加密货币行业正在嗡嗡作响，因为Ripple巨额收购了隐藏道路，这是Crypto公司首次拥有和经营全球多资产总经理。

This deal, set to close in Q3 2025, will be paid for using a mix of cash, Ripple equity, and XRP tokens, a unique combination of conventional and crypto-native assets.

该交易定于第3季度2025年结束，将用于使用现金，波纹权益和XRP代币的混合，这是传统和加密本地资产的独特组合。

The acquisition pivots Ripple towards handling core liquidity functions in the institutional crypto space. Last year, Hidden Road processed $3 trillion in transfers, highlighting the vast scale of operations that Ripple will be integrating.

该收购使旋转旋转旋转，以处理机构加密空间中的核心流动性功能。去年，隐藏的道路处理了3万亿美元的转移，强调了Ripple将集成的大量运营。

Coin Bureau CEO Nic Puckrin has reacted to the news, highlighting the shift from niche innovation to a serious institutional force in crypto. Usually, crypto firms get acquired by traditional companies, but this time, the acquirer is a crypto company, which speaks volumes about the industry's evolution.

硬币局首席执行官尼克·普克林（Nic Puckrin）对这一消息做出了反应，强调了从利基创新到加密货币的严重机构力量的转变。通常，加密企业被传统公司收购，但是这次，收购方是一家加密公司，它涉及该行业的发展。

"This is a huge moment for crypto as we're seeing the industry's best-known projects get acquired by large traditional companies," Puckrin said.

Puckrin说：“这对于加密货币来说是一个重要的时刻，因为我们看到该行业最著名的项目被大型传统公司收购。”

"But this time, the acquirer is a crypto company. We're also seeing a new generation of U.S. institutional investors and hedge funds enter the space in response to a more favorable regulatory climate, leading to a surge

“但是这次，收购方是一家加密货币公司。我们还看到新一代的美国机构投资者，对冲基金进入该空间，以应对更有利的监管环境，从而导致激增