Ripple has completed its acquisition of Hidden Road, which has since been rebranded as Ripple Prime.

By: theblockbeats.news|2025/10/24 22:45:56
0
Share
copy

BlockBeats News, October 24th, Ripple announced the completion of the Hidden Road acquisition, which has now been rebranded as Ripple Prime. Hidden Road previously provided institutions with services including settlement, prime brokerage, foreign exchange (FX), digital assets, derivatives, swaps, and fixed income financing. This acquisition will make Ripple a cryptocurrency company that owns and operates a global multi-asset prime brokerage.

Since the acquisition announcement, Ripple Prime's business has grown threefold, with further growth expected. Ripple Prime will enhance the utility and coverage of Ripple's stablecoin RLUSD. Currently, RLUSD has been used as collateral for various prime brokerage products. Some derivative clients have opted to hold RLUSD.

-- Price

--

You may also like

Crypto Regulation News Update 2026: CLARITY Act, SEC-CFTC Framework, and 1099-DA Cost Basis Reporting Goes Live

Latest crypto regulation news April 2026: CLARITY Act stalled over stablecoin yield, Senate window closing. IRS Form 1099-DA cost basis reporting now mandatory. SEC-CFTC taxonomy guide. Actionable compliance insights.

Crypto Regulation News 2026: SEC-CFTC Framework, GENIUS Act, and MiCA 2 Coming

Latest crypto regulation news April 2026: SEC-CFTC joint guidance establishes five-category token taxonomy, Treasury and FDIC propose GENIUS Act implementing rules, EU signals MiCA 2 coming. Actionable compliance insights inside.

What Is Asteroid Shiba (ASTEROIDETH) and Why Is It Surging 600,000%?

Asteroid Shiba (ASTEROIDETH) surged 682,387% so far after Elon Musk’s reply to a dying girl’s wish. Learn the story, price analysis, and how to buy ASTEROIDETH on WEEX today.

Clarity Act Update April 2026: How to Manage Your XRP Portfolio Before It Passes | Crypto Regulation News

Clarity Act latest news 2026: Trump backs crypto bill, XRP big move before Clarity Act awaits Senate vote. Will it pass? Impact on XRP and crypto regulation news inside.

Crypto Market Update: BTC Holds $76K as Fear Index Signals Opportunity — What Is Futures Trading & Spot Trading Explained

Bitcoin (BTC) is holding above $76,000, supported by strong institutional buyingThe Fear & Greed Index at 33 indicates continued market caution despite price strengthCrypto ETPs saw $1.4B in inflows, marking three consecutive weeks of capital growthEthereum (ETH) is consolidating around $2,300, with resistance near $2,360Understanding what is futures trading vs what is spot trading is key in volatile marketsTraders are increasingly combining spot accumulation with futures trading strategies

DeFi is trapped in the most dangerous prisoner's dilemma in history

This incident has returned to the classic dilemma of cryptography: pragmatic security vs completely decentralized security.

Contents

Popular coins

Latest Crypto News

Read more