hank uberoi
151 posts

hank uberoi
@huberoi
Managing Partner HU Investments
New York, London Katılım Mart 2009
117 Takip Edilen955 Takipçiler

Today, @Ripple announced the acquisition of Hidden Road for $1.25B, one of the largest deals ever in the crypto space. But the price tag isn’t what’s most important – it’s that this deal marks a once-in-a-lifetime opportunity for crypto to access the largest and most trusted traditional markets, and vice versa.
Prime brokers (along with other key functions historically managed by banks for the most part) like Hidden Road have proven themselves as *the* trusted intermediary for the largest hedge funds, market makers, OTC desks, quant traders and more. Ripple has been a customer of Hidden Road for years, and we know their breadth of expertise firsthand, clearing $3 TRILLION annually for 300+ of the top financial institutions globally.
This is the capital and activity that will tap into XRP and the XRP Ledger’s bread-and-butter – instant, efficient, scalable and low cost movement of value. Instead of waiting for <24 hours to settle trades through fiat rails, Hidden Road will be using XRPL for clearing a portion of trades, and most consequentially, using RLUSD as collateral across its prime brokerage services, including cross-asset (crypto and traditional instrument) trades.
With this deal and the backing of Ripple’s significant balance sheet, Hidden Road will exponentially expand its capacity to service its pipeline and become the largest non-bank prime broker globally.
Ripple and Hidden Road combined are a generational leap forward, ready to truly bring the worlds of traditional and decentralized finance together. ripple.com/ripple-press/r…
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just a little side by side comparison of the schuylkill river this morning compared to normal #philadelphia #IdaAftermath


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We are delighted to announce that KodyPay has raised an additional US$3.25 million.
➡️To read the full press release, visit our website: kodypay.com/press/kodypay-…
#kodypay #fintech #investors #fundraising

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@delingpole @ComplyAdvantage Congrats Charlie and team @ComplyAdvantage and team @GoldmanSachs - I think this will be a powerful partnership for both sides!
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Congrats Charlie, team @ComplyAdvantage and team @GoldmanSachs great partnership all around!
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Kamala Harris becomes the first woman ever elected vice president. She was the first Black woman and the first of Indian descent nominated on a major party’s ticket. on.wsj.com/2IcWOkE

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The ballots have been counted and the American people have elected a leader in @joebiden who ran promising to bring our country back together. He and @kamalaharris will have my full support as they work to do that.

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An impressive 20 year old in the UK on his way to changing in-store payments eliminating all contact! Allows stores to Accept all payment methods with no hardware.
#payments #startup #fundraising #kodypay #fintech
technation.io/news/meet-yoyo…
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Actual footage of a Fintech trying to get through a bank’s procurement process. twitter.com/jeremyburge/st…
Melbourne, Victoria 🇦🇺 English
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My warmest congratulations to @KamalaHarris. I am confident Biden-Harris will prove to be a winning ticket. I will do my utmost to help them win and govern. 👇🏽

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@TelegraphTech @ComplyAdvantage Congrats Charlie and team ComplyAdvantage!
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Congrats @complyadvantage team!
🆑 Christophe Langlois | AI | B2B SaaS Marketing@Visible_Banking
The FT 1000 2020: Europe’s fastest-growing companies vbank.in/3ap8idx Congrats to the 7 #fintech companies in the top 100! 1. @oaknorthbank 🇬🇧 8. @qredsverige 🇸🇪 19. @IDFinance_com 🇪🇸 52. @yoyowallet 🇬🇧 68. @LVSbrokers 🇫🇮 87. @ComplyAdvantage 🇬🇧 95. Tylia Invest 🇫🇷
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@floydcardoz @BombaySweetShop Congrats! Can’t wait to try it when I am in Bombay!
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Our newest baby in India @BombaySweetShop is opening on thursday. We cant wait forbesindia.com/article/specia…
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