Buy CryptoMarketsSpotFuturesOIL(WTI)EarnEvent Center
More
Gold vs Crypto
Ripple has launched digital asset spot prime brokerage capabilities for US institutional clients, marking the first major integration following its $1.25 billion acquisition of Hidden Road. The post Ripple Activates US Spot Prime Brokerage After $1.25B Hidden Road Takeover appeared first on Coinspeaker.Ripple has launched digital asset spot prime brokerage capabilities for US institutional clients, marking the first major integration following its $1.25 billion acquisition of Hidden Road. The post Ripple Activates US Spot Prime Brokerage After $1.25B Hidden Road Takeover appeared first on Coinspeaker.

Ripple Activates US Spot Prime Brokerage After $1.25B Hidden Road Takeover

Author: Coinspeaker
Source: Coinspeaker
2025/11/04 00:18
2 min read
Major
MAJOR$0.06349-0.40%
For feedback or concerns regarding this content, please contact us at crypto.news@mexc.com

Ripple launched digital asset spot prime brokerage capabilities for US institutional clients on Nov. 3, 2025. The service allows clients to execute over-the-counter spot transactions across dozens of digital assets.

The launch represents the first major integration following Ripple’s $1.25 billion acquisition of prime broker Hidden Road, according to a company announcement. The acquired firm has been rebranded as Ripple Prime. The transaction was completed in October 2025.

US institutional clients can now cross-margin their OTC spot transactions with the rest of their digital asset portfolio. The platform supports OTC swaps and CME futures and options.

Ripple Prime Integrates Hidden Road Infrastructure

Ripple Prime combines the company’s regulatory licenses with Hidden Road’s existing infrastructure. Hidden Road had already launched a prime brokerage service for cash-settled OTC digital asset swaps in the US market in May 2025.

The platform offers similar services to established institutional providers like Coinbase Prime. Ripple has also pursued Ripple’s $1B XRP buyback and acquired treasury management firm GTreasury.

Platform Supports XRP and RLUSD Trading

The spot trading service explicitly includes XRP XRP $2.37 24h volatility: 5.2% Market cap: $142.22 B Vol. 24h: $4.72 B and Ripple’s RLUSD stablecoin among the available assets.

Ripple President Monica Long said that some derivatives customers are already holding balances in RLUSD. The company is exploring additional ways to utilize both RLUSD and XRP within the platform. Ripple’s RLUSD stablecoin has been adopted by humanitarian organizations including World Central Kitchen and Water.org for cross-border aid payments.

Ripple partners have also targeted retail users. Uphold relaunched US debit cards with 6% XRP rewards in recent months.

Michael Higgins, International CEO of Ripple Prime, stated that the spot brokerage launch provides US institutions with a comprehensive offering for their trading strategies. The platform offers services across foreign exchange, digital assets, derivatives, swaps, and fixed income.

next

The post Ripple Activates US Spot Prime Brokerage After $1.25B Hidden Road Takeover appeared first on Coinspeaker.

Market Opportunity
Major Logo
Major Price(MAJOR)
$0.06349
$0.06349$0.06349
+0.09%
USD
Major (MAJOR) Live Price Chart
Disclaimer: The articles reposted on this site are sourced from public platforms and are provided for informational purposes only. They do not necessarily reflect the views of MEXC. All rights remain with the original authors. If you believe any content infringes on third-party rights, please contact crypto.news@mexc.com for removal. MEXC makes no guarantees regarding the accuracy, completeness, or timeliness of the content and is not responsible for any actions taken based on the information provided. The content does not constitute financial, legal, or other professional advice, nor should it be considered a recommendation or endorsement by MEXC.

You May Also Like

Ethereum spot ETFs had a total net outflow of $1.8898 million yesterday, with Fidelity FETH leading the way with a net outflow of $29.1892 million.

Ethereum spot ETFs had a total net outflow of $1.8898 million yesterday, with Fidelity FETH leading the way with a net outflow of $29.1892 million.

PANews reported on September 18 that according to SoSoValue data, the total net outflow of Ethereum spot ETF was US$1.8898 million yesterday (September 17, US Eastern Time). The Ethereum spot ETF with the largest single-day net inflow yesterday was Blackrock ETF ETHA, with a single-day net inflow of US$25.8636 million. The current historical total net inflow of ETHA has reached US$13.255 billion. The second is Grayscale Ethereum Mini Trust ETF ETH, with a single-day net inflow of US$6.382 million. The current historical total net inflow of ETH has reached US$1.431 billion. The Ethereum spot ETF with the largest single-day net outflow yesterday was the Fidelity ETF FETH, with a single-day net outflow of US$29.1892 million. The current historical total net inflow of FETH has reached US$2.768 billion. As of press time, the total net asset value of the Ethereum spot ETF was US$29.719 billion, the ETF net asset ratio (market value as a percentage of Ethereum's total market value) reached 5.47%, and the historical cumulative net inflow has reached US$13.659 billion.
Share
PANews2025/09/18 11:54
Unibase and HyperGPT Unite to Advance AI in Web3 Applications

Unibase and HyperGPT Unite to Advance AI in Web3 Applications

The post Unibase and HyperGPT Unite to Advance AI in Web3 Applications appeared on BitcoinEthereumNews.com. Unibase, a decentralized Artificial Intelligence (AI
Share
BitcoinEthereumNews2026/03/16 03:31
XRP Price Prediction: Pepeto Delivers 300x While Ripple Fights for $1.54 and SUI Tests $1.00

XRP Price Prediction: Pepeto Delivers 300x While Ripple Fights for $1.54 and SUI Tests $1.00

The Ethereum Foundation just sold 5,000 ETH to BitMine in a $10.2 million deal to fund protocol research, and the XRP price prediction conversation shifts as even
Share
Captainaltcoin2026/03/16 03:15