Michael Higgins says institutional demand for crypto is booming and Ripple’s acquisition cements a shared vision for compliant, global capital markets.

Ripple strengthens its presence in global finance with a $1.25B acquisition of Hidden Road, now rebranded as Ripple Prime.

Stablecoin issuer and cross-border payment platform Ripple has completed its acquisition of Hidden Road to launch Ripple Prime, the first global multi-asset prime broker owned by a crypto company.

Ripple finalizes its $1.25B acquisition of Hidden Road, rebranding it as Ripple Prime to expand into multi-asset prime brokerage. The deal integrates Ripple’s XRPL and RLUSD stablecoin into ...

Ripple also says its institutional platform will expand the reach of its stablecoin, RLUSD, by using the asset as collateral for prime brokerage products. The financial services giant BNY Mellon is ...

Ripple has announced that it is expanding its institutional footprint in the U.S. with the launch of digital asset spot prime ...

Ripple on Tuesday said that it's agreed to buy prime brokerage firm Hidden Road for $1.25 billion, in the crypto startup's biggest acquisition to date. Founded in 2018, Hidden Road offers clearing, ...

Ripple unveils Ripple Prime, following the completion of its $1.25B acquisition of Hidden Road, enhancing institutional crypto services.

Ripple says it has officially acquired the non-bank prime broker Hidden Road, transforming it into Ripple Prime.

The brokerage has said that the launch follows growing industry demand for increased sophistication in risk management tools, and through the offering, institutional clients will be able to execute, ...

Prime brokerage Hidden Road, which was recently acquired by Ripple for $1.25 billion, has secured a broker-dealer license from the Financial Industry Regulatory Authority (FINRA) — a move that ...