Ripple Unveils U.S.-Focused Prime Brokerage Service

Ripple has introduced Ripple Prime, a platform designed to cater specifically to institutional clients in the United States seeking seamless access to digital asset trading services. The launch marks a significant step forward for Ripple as it aims to further integrate cryptocurrencies into traditional financial systems. This new offering enables U.S.-based hedge funds, banks, and asset managers to execute OTC spot transactions across a diverse range of top digital assets, including XRP and Ripple’s own stablecoin, RLUSD.