Ripple Launches Institutional Digital Asset Prime Brokerage in the US

Ripple, a renowned fintech company known for its global payments network, has unveiled its U.S. digital asset spot prime brokerage service aimed at institutional clients. This move allows institutions to conduct over-the-counter (OTC) spot trades in major cryptocurrencies like XRP and Ripple’s stablecoin, RLUSD. The launch marks an expansion of Ripple’s presence in financial services and seeks to bridge the gap between traditional finance and the digital economy.