Ripple Launches ‘Ripple Prime’ Platform After $1.25B Acquisition

Ripple has entered the institutional prime brokerage market with the launch of Ripple Prime, following its acquisition of Hidden Road Partners for $1.25 billion in October 2025. This move marks a significant step forward for the cryptocurrency industry. The platform offers global trading, custody, and lending services to institutions. This expansion is expected to significantly boost XRP’s market utility, improve access for institutional players, and set Ripple apart as a leader in the digital asset space.