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

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

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

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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 ...

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

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