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 has completed its $1.25 billion acquisition of Hidden Road, becoming the first crypto company to own and run multi-asset prime brokerage services for institutional clients.

Ripple, the blockchain firm behind XRP (CRYPTO: XRP), has signed an agreement to acquire prime brokerage firm Hidden Road in a deal valued at $1.25 billion. The acquisition represents Ripple's most ...

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 ...

Hidden Road, the global credit network for institutions, has launched listed derivatives clearing, starting with CME Group products Hidden Road solves many of today's problems in credit intermediation ...

ROAD TOWN, British Virgin Islands, July 24, 2025 /PRNewswire/ -- Hidden Road today announced the ability to support OTC options on digital assets as part of its suite of prime brokerage services. This ...

Hidden Road’s clients will now have access to Crossover’s CROSSx, which is designed to decrease trading costs, improve execution quality and enhance market data capabilities. Digital asset trading ...