Ripple (XRP) Releases Statement on New Initiative: Officially Launched
The post Ripple (XRP) Releases Statement on New Initiative: Officially Launched appeared on BitcoinEthereumNews.com.
Ripple has officially launched its digital asset spot prime brokerage service for institutional clients in the US. Ripple Prime users will now be able to conduct over-the-counter (OTC) spot trading on dozens of digital assets, including XRP and RLUSD, the company announced. The company acquired multi-asset brokerage firm Hidden Road in October 2025. Following this merger, Ripple integrated its licenses with Hidden Road’s solutions, creating a new structure under the Ripple Prime umbrella. This provides institutions with seamless access to foreign exchange (FX), digital assets, derivatives, swaps, and fixed-income securities. Michael Higgins, International CEO of Ripple Prime, said that with the new service, institutions’ access to the cryptocurrency markets has become more comprehensive: “The launch of OTC spot trading capabilities complements our existing OTC and derivatives services and enables us to provide U.S. institutions with a comprehensive offering tailored to their strategies.” The new structure will allow Ripple Prime users to manage their OTC spot transactions and assets with cross-margin capabilities. This will allow them to optimize their OTC swaps, CME futures, and options positions within the same portfolio. *This is not investment advice. Follow our Telegram and Twitter account now for exclusive news, analytics and on-chain data! Source: https://en.bitcoinsistemi.com/ripple-xrp-releases-statement-on-new-initiative-officially-launched/
