Hidden Road opens new office in Abu Dhabi, led by James Stickland

Hidden Road, a prime broker focusing on crypto and traditional assets, is opening a new office in Abu Dhabi, with James Stickland leading the business in the region. According to CoinDesk, the firm has received in-principle approval from the Financial Services Regulatory Authority of ADGM. A member of the Abu Dhabi royal family may join the company's board once final approval is granted. Hidden Road, recently acquired by Ripple (XRP) for $1.25 billion, plans to offer clearing and prime brokerage services to institutional investors in the UAE.