Hidden Road Broadens Service Offerings Following Acquisition by Ripple Labs

Hidden Road, a prime brokerage firm, has received a new FINRA license that will enable it to operate as a broker-dealer following its acquisition by Ripple Labs. This expansion aims to broaden the company’s services for institutional investors. The new license allows Hidden Road to offer prime brokerage, clearing, and financing services for fixed-income assets, opening up access to substantial portfolios of large institutions.