Hidden Road, a crypto prime broker recently acquired by Ripple, has obtained in-principle approval from the Financial Services Regulatory Authority (FSRA) of Abu Dhabi Global Market (ADGM) to operate as a regulated financial services firm. This approval enables Hidden Road to offer clearing and prime brokerage services for both traditional and digital assets to institutional investors in the UAE. The move underscores Abu Dhabi’s commitment to becoming a leading hub for digital finance. 

Source: Finance Magnets