US EditionRipple Explains How Its New Prime Brokerage Will Expand RLUSD Adoption and Utility
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34 Articles
AMBCrypto
Cryptocurrency News | Cryptocurrency Prices | Market CapRipple expands TradFi reach with $1.25B Hidden Road deal
Ripple has completed $1.25 billion acquisition of Hidden Road, making Ripple the first crypto firm to own a global, multi-asset prime broker.
Ripple Completes $1.25B Hidden Road Deal, Launches Ripple Prime
Ripple Expands Into Prime Brokerage Ripple has completed its acquisition of non-bank prime broker Hidden Road and rebranded the business as Ripple Prime, extending its reach beyond digital assets into multi-asset finance. The company said the purchase, valued at $1.25 billion, makes it the first crypto firm to own and operate a prime brokerage spanning digital assets, derivatives, foreign exchange, fixed income and swaps for institutional client…
The payment firm Ripple expands its institutional reach by merging and renaming the company Hidden Road as Ripple Prime, a unit that integrates operations, financing and compensation in global markets. *** Ripple Prime already serves more than 300 institutional clients The firm has processed more than $3 billion in operations The new service strengthens the use of the RLUSD stablecoin as collateral Ripple launches Ripple Prime! A comprehensive p…
Ripple’s Acquisition of Hidden Road Boosts Institutional Crypto Ambitions
Ripple’s strategic acquisition of Hidden Road, now rebranded as Ripple Prime, marks a significant milestone in the company’s ambition to become a global, multi-asset prime broker. This move not only solidifies Ripple’s position in the crypto space but also sets the stage for a broader institutional embrace of digital assets. The integration of Ripple Prime into Ripple’s ecosystem is a bold step… Source
Ripple Completes $1.25B Hidden Road Acquisition and Officially Launches Ripple Prime for Institutional Clients
Ripple completes the Hidden Road deal and launches Ripple Prime for global institutional services. Ripple Prime connects digital assets with traditional finance for institutional investors. Ripple expands its reach with new acquisitions and boosts use of its RLUSD stablecoin. Ripple has finalized its $1.25 billion acquisition of Hidden Road, completing a deal first announced in the first half of 2025. The acquired prime brokerage firm has now be…
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