Ripple Reinvests in Finance: Expanding Beyond Payments to a Broader Ecosystem

Ripple, known for its stablecoin issuance and cross-border payments, is making a significant shift into the wider financial ecosystem. The company recently launched ‘Ripple Prime,’ the first multi-asset prime brokerage owned by a crypto firm, following the acquisition of global credit network Hidden Road. This strategic move positions Ripple to compete directly with established financial institutions in areas like institutional brokerage and clearing services. 📈 🤝 💰