Ripple has completed its acquisition of Hidden Road, rebranding it as Ripple Prime. This move positions Ripple as the first cryptocurrency company to own a global multi-asset prime broker. Hidden Road, known for its institutional services in clearing, prime brokerage, and digital assets, will now operate under the Ripple Prime banner. Since the acquisition, Ripple Prime's business has tripled, with further growth anticipated. The acquisition is set to enhance the utility of Ripple's stablecoin, RLUSD, which is already being used as collateral in prime brokerage products and by derivatives clients.