Key Notes
-
Institutional purchasers can cross-margin OTC spot transactions with their broader digital asset portfolios on the platform. - The service helps dozens of digital property together with XRP and RLUSD stablecoin alongside derivatives and CME futures buying and selling.
- Hidden Highway has been rebranded as Ripple Prime following the October 2025 acquisition completion and infrastructure integration.
Ripple launched digital asset spot prime brokerage capabilities for US institutional purchasers on Nov. 3, 2025. The service permits purchasers to execute over-the-counter spot transactions throughout dozens of digital property.
The launch represents the primary main integration following Ripple’s $1.25 billion acquisition of prime dealer Hidden Highway, according to a company announcement. The acquired agency has been rebranded as Ripple Prime. The transaction was accomplished in October 2025.
US institutional purchasers can now cross-margin their OTC spot transactions with the remainder of their digital asset portfolio. The platform helps OTC swaps and CME futures and choices.
Ripple Prime Integrates Hidden Highway Infrastructure
Ripple Prime combines the corporate’s regulatory licenses with Hidden Highway’s present infrastructure. Hidden Highway had already launched a primary brokerage service for cash-settled OTC digital asset swaps within the US market in Might 2025.
The platform provides related companies to established institutional suppliers like Coinbase Prime. Ripple has additionally pursued Ripple’s $1B XRP buyback and purchased treasury administration agency GTreasury.
Platform Helps XRP and RLUSD Buying and selling
The spot buying and selling service explicitly contains XRP
XRP
$2.31
24h volatility:
4.1%
Market cap:
$138.69 B
Vol. 24h:
$5.49 B
and Ripple’s RLUSD stablecoin among the many obtainable property.
Ripple President Monica Lengthy stated that some derivatives clients are already holding balances in RLUSD. The corporate is exploring further methods to make the most of each RLUSD and XRP inside the platform. Ripple’s RLUSD stablecoin has been adopted by humanitarian organizations together with World Central Kitchen and Water.org for cross-border assist funds.
Ripple companions have additionally focused retail customers. Uphold relaunched US debit cards with 6% XRP rewards in latest months.
Michael Higgins, Worldwide CEO of Ripple Prime, said that the spot brokerage launch gives US establishments with a complete providing for his or her buying and selling methods. The platform provides companies throughout overseas alternate, digital property, derivatives, swaps, and glued revenue.
Disclaimer: Coinspeaker is dedicated to offering unbiased and clear reporting. This text goals to ship correct and well timed data however shouldn’t be taken as monetary or funding recommendation. Since market circumstances can change quickly, we encourage you to confirm data by yourself and seek the advice of with an expert earlier than making any choices primarily based on this content material.
As a Web3 advertising strategist and former CMO of DuckDAO, Zoran Spirkovski interprets complicated crypto ideas into compelling narratives that drive development. With a background in crypto journalism, he excels in creating go-to-market methods for DeFi, L2, and GameFi tasks.
