Ripple has introduced its digital asset spot prime brokerage service to the US market, enabling institutional clients to conduct over-the-counter (OTC) spot trades on a variety of mainstream digital assets, including XRP and RLUSD. This development follows Ripple's acquisition of multi-asset prime broker Hidden Road, whose license and solutions have been integrated into the Ripple Prime system.
The new service offers US institutional clients enhanced capabilities, allowing seamless access to forex, digital assets, derivatives, swaps, and fixed-income products. Additionally, clients can now cross-margin their OTC spot trades and positions with other assets in their digital asset portfolios, expanding their trading and investment strategies.
Ripple Launches Digital Asset Spot Prime Brokerage in US
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