Key Takeaways:
- Ripple Prime now supports U.S. institutional OTC spot trading.
- Acquisition of Hidden Road enhances multi-asset capabilities.
- Cross-margin portfolio management integrates spot, swaps, and futures.
- XRP and RLUSD remain central to Ripple’s institutional offerings.
Ripple Expands Institutional Offerings in the U.S.
San Francisco-based XRP has launched digital asset spot prime brokerage services for the United States, enabling institutional clients to trade OTC spot transactions across major digital assets, including XRP and RLUSD. This move follows Ripple’s recent acquisition of Hidden Road, a multi-asset prime brokerage, now integrated under Ripple Prime.
The expanded offering allows U.S.-based institutions to access a comprehensive suite of digital asset solutions, including foreign exchange (FX), derivatives, swaps, and fixed income. Michael Higgins, International CEO of Ripple Prime, emphasized that the new spot execution capabilities complement XRP’s existing OTC and cleared derivatives services, providing institutions with a robust platform tailored to varied trading strategies.
Seamless Integration Across Portfolios
With Ripple Prime, institutional clients can cross-margin OTC spot transactions alongside other holdings in their digital asset portfolios. This includes integration with OTC swaps and CME futures and options, allowing a unified approach to risk management and portfolio efficiency. By combining Hidden Road’s infrastructure with Ripple’s existing licenses, Ripple Prime positions itself as a one-stop solution for institutional digital asset trading in the U.S.
Strategic Acquisition Strengthens Ripple Prime
The acquisition of Hidden Road, completed in October 2025, significantly enhances XRP Prime’s capabilities. The merger not only broadens the asset classes available to U.S. clients but also streamlines operations, ensuring regulatory compliance and operational efficiency. This step underscores Ripple’s commitment to making digital asset trading more accessible and integrated for institutional participants.
Driving Innovation in Digital Finance
Ripple continues to leverage its flagship cryptocurrency XRP and stablecoin RLUSD across its platforms, reinforcing its role in bridging traditional finance and blockchain-based solutions. Through XRP Payments, cross-border transactions become faster and more transparent, while XRP Custody ensures secure digital asset management. XRP Prime now completes this ecosystem by offering advanced institutional trading infrastructure.
A New Era for Institutional Crypto Trading
The launch of U.S. spot prime brokerage services positions XRP as a key player in institutional digital asset markets. By integrating OTC, derivatives, and cross-margin capabilities, XRP Prime offers a sophisticated, secure, and comprehensive trading experience, helping institutions optimize their portfolios and strategies in the evolving crypto landscape.
