Ripple, a leading blockchain company, has recently unveiled its digital asset spot prime brokerage services for institutional clients in the United States. This move comes as Ripple completes the integration of Hidden Road, a multi-asset brokerage it acquired earlier this year. The new service, operating under Ripple Prime, allows U.S. institutions to conduct over-the-counter (OTC) spot transactions across a wide range of digital assets, including Ripple’s XRP and the stablecoin RLUSD.
By combining Hidden Road’s brokerage framework with Ripple’s existing licenses, Ripple Prime offers comprehensive market access spanning foreign exchange, digital assets, derivatives, swaps, and fixed income. This integration enables U.S. clients to cross-margin OTC spot transactions with other positions, such as OTC swaps and CME futures and options, streamlining exposure and capital management across multiple asset classes within a single account.
Michael Higgins, International CEO of Ripple Prime, emphasized that the launch of OTC spot execution capabilities complements the company’s suite of OTC and cleared derivatives services in digital assets, positioning Ripple to provide U.S. institutions with a holistic offering tailored to their trading strategies and requirements.
Ripple’s institutional strategy revolves around three core products: Ripple Payments, Ripple Custody, and Ripple Prime. By leveraging XRP and RLUSD, Ripple aims to bridge traditional financial systems with blockchain-based assets, enhancing settlement speed and transparency for institutional clients trading across digital and traditional markets.
The U.S. expansion marks a significant milestone in Ripple’s quest to establish itself as a key infrastructure provider for institutions navigating digital and traditional markets. With ongoing updates expected as the story evolves, Ripple’s foray into the U.S. spot prime brokerage space underscores its commitment to enhancing institutional capabilities and fostering greater adoption of digital assets in the financial landscape.
As Ripple continues to expand its institutional offerings, the broader implications of its U.S. spot prime brokerage launch may signal a growing convergence between traditional finance and the digital asset ecosystem. By providing institutional clients with a seamless platform to access and trade digital assets, Ripple is poised to catalyze further innovation and integration within the financial industry.
#Ripple #Blockchain #DigitalAssets #InstitutionalFinance #FinancialInnovation
References:
– https://www.financemagnates.com/cryptocurrency/ripple-debuts-spot-prime-brokerage-for-us-institutions-after-hidden-road-rebranding/
– https://www.pymnts.com/cryptocurrency/2025/ripple-debuts-spot-prime-brokerage-for-us-market/
– https://cointelegraph.com/news/ripple-digital-asset-spot-prime-brokerage?utm_source=rss_feed&utm_medium=rss?sid%3Db85ec880160fc4d8%26_%3D1762193582623%26cachebust%3Dtrue&utm_campaign=rss_partner_inbound
Social Commentary influenced the creation of this article.
🔗 Share or Link to This Page
Use the link below to share or embed this post:
