Ripple Activates US Spot Prime Brokerage After $1.25B Hidden Road Takeover

2025-11-4 19:18

Ripple launched digital asset spot prime brokerage capabilities for US institutional clients on Nov. 3, 2025. The service allows clients to execute over-the-counter spot transactions across dozens of digital assets.

The launch represents the first major integration following Ripple’s $1.25 billion acquisition of prime broker Hidden Road, according to a company announcement. The acquired firm has been rebranded as Ripple Prime. The transaction was completed in October 2025.

US institutional clients can now cross-margin their OTC spot transactions with the rest of their digital asset portfolio. The platform supports OTC swaps and CME futures and options.

Ripple Prime Integrates Hidden Road Infrastructure

Ripple Prime combines the company’s regulatory licenses with Hidden Road’s existing infrastructure. Hidden Road had already launched a prime brokerage service for cash-settled OTC digital asset swaps in the US market in May 2025.

The platform offers similar services to established institutional providers like Coinbase Prime. Ripple has also pursued Ripple’s $1B XRP buyback and acquired treasury management firm GTreasury.

Platform Supports XRP and RLUSD Trading

The spot trading service explicitly includes XRP XRP $2.31 24h volatility: 8.3% Market cap: $138.56 B Vol. 24h: $6.01 B and Ripple’s RLUSD stablecoin among the available assets.

Ripple President Monica Long said that some derivatives customers are already holding balances in RLUSD. The company is exploring additional ways to utilize both RLUSD and XRP within the platform. Ripple’s RLUSD stablecoin has been adopted by humanitarian organizations including World Central Kitchen and Water.org for cross-border aid payments.

Ripple partners have also targeted retail users. Uphold relaunched US debit cards with 6% XRP rewards in recent months.

Michael Higgins, International CEO of Ripple Prime, stated that the spot brokerage launch provides US institutions with a comprehensive offering for their trading strategies. The platform offers services across foreign exchange, digital assets, derivatives, swaps, and fixed income.

next

The post Ripple Activates US Spot Prime Brokerage After $1.25B Hidden Road Takeover appeared first on Coinspeaker.

origin »

PrimeChain (PRIME) на Currencies.ru

$ 0 (+0.00%)
Объем 24H $0
Изменеия 24h: 0.00 %, 7d: 0.00 %
Cегодня L: $0 - H: $0
Капитализация $0 Rank 99999
Доступно / Всего 0 PRIME

brokerage road ripple prime hidden spot activates

Источник: coinspeaker.com

brokerage road → Результатов: 18


Addressing the concerns of Crypto trading industry through revolutionary products and prime brokerage services

As the activities in the crypto space heighten up, leading to a road of massive adoption, DeFi remains a critical driver for what we witness today. While Bitcoin has gained momentum and Ethereum is on the journey of addressing its scaling issues, the DeFi and CeFi industry are in the quest of outplaying each other […] The post Addressing the concerns of Crypto trading industry through revolutionary products and prime brokerage services appeared first on NullTX.

2021-5-9 10:13


Фото:

Addressing the concerns of the Crypto trading industry through revolutionary products and prime brokerage services

As the activities in the crypto space heighten up, leading to a road of massive adoption, DeFi remains a critical driver for what we witness today. While Bitcoin has gained momentum and Ethereum is on the journey of addressing its scaling issues, the DeFi and CeFi industry are in the quest of outplaying each other […]

2021-5-8 22:35


Партнеры Currencies.ru



Реклама на Currencies.ru

Самое свежее на Currencies.ru

ETFs, tokenized stocks, and whales: where smart money is flowing

While bears continue to tighten their grip, the primary story is no longer about price charts. Market players now want to know where funds are moving. This has been among the key indicators for detecting potential sentiment shifts amid broader market uncertainty.

Crypto ETF flows: Bitcoin bleeds $195M; XRP and Solana hold steady

Cryptocurrencies remained downbeat on Friday, December 5, with sentiment deteriorating across leading assets. Meanwhile, the latest ETF flow stats confirm this weakness, with Bitcoin and Ethereum exchange-traded products struggling as new products attracted fresh funds.

Bitcoin holds above $93K, ETH surges 4%: is an end-of-year rally coming?

Bitcoin traded just above $93,416 on Thursday as expectations mounted that the US Federal Reserve would cut interest rates next week. During the morning session, the cryptocurrency dipped to $92,612 before climbing to an intraday high of $94,002, reflecting renewed momentum after several weeks of turbulence.