Ripple Acquires Hidden Road, Launching Ripple Prime for Institutional Crypto Expansion

Ripple has officially completed the acquisition of Hidden Road, a leading global non-bank prime broker. Rebranding as Ripple Prime, this move marks a significant step for the company in entering the world of institutional finance. By becoming the first crypto company to own and operate a multi-asset prime brokerage platform, Ripple aims to seamlessly integrate traditional financial markets with digital assets at scale.