Ripple's newly acquired prime brokerage division Hidden Road was launched earlier today on the NSCC (National Securities Clearing Corporation) directory of DTCC. This move lays the groundwork for transferring a large volume of institutional post-trade transactions to the XRP Ledger. The listing on March 2 directly connects this controversial San Francisco-based blockchain company's infrastructure to Wall Street's traditional clearing systems. Hot news: XRP yield risk explained by XRPL contributors, Schiff admits Satoshi's innovation on Bitcoin, and a major macro event this Saturday will define the crypto market: the morning crypto report indicates Ethereum's significant decline continues, marking the sixth consecutive month of red行情. This milestone signifies Ripple's successful acquisition of Hidden Road for $1.25 billion in 2025. The company now operates as Ripple Prime, ready to leverage XRPL's speed and cost efficiency to revolutionize traditional financial institutions. The Depository Trust & Clearing Corporation (DTCC) is the ultimate pillar of the US financial markets, handling hundreds of trillions of dollars in securities transactions annually. Ripple's most notable acquisition, according to U.Today, was the $1.25 billion purchase of Hidden Road Partners, shaking up the industry. Hidden Road clears over $3 trillion in transactions annually for more than 300 institutional clients. Ripple explicitly stated that this acquisition would enable Hidden Road to migrate its post-trade activities to XRPL. The acquisition was officially completed at the end of October. Ripple became the first crypto company to own and operate a global multi-asset prime broker. Hidden Road was renamed Ripple Prime at that time. The partnership also emphasizes Ripple's RLUSD stablecoin. Ripple Prime has begun actively using RLUSD as collateral for its various prime brokerage products.
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Ripple's newly acquired prime brokerage division Hidden Road was launched earlier today on the NSCC (National Securities Clearing Corporation) directory of DTCC. This move lays the groundwork for transferring a large volume of institutional post-trade transactions to the XRP Ledger. The listing on March 2 directly connects this controversial San Francisco-based blockchain company's infrastructure to Wall Street's traditional clearing systems. Hot news: XRP yield risk explained by XRPL contributors, Schiff admits Satoshi's innovation on Bitcoin, and a major macro event this Saturday will define the crypto market: the morning crypto report indicates Ethereum's significant decline continues, marking the sixth consecutive month of red行情. This milestone signifies Ripple's successful acquisition of Hidden Road for $1.25 billion in 2025. The company now operates as Ripple Prime, ready to leverage XRPL's speed and cost efficiency to revolutionize traditional financial institutions. The Depository Trust & Clearing Corporation (DTCC) is the ultimate pillar of the US financial markets, handling hundreds of trillions of dollars in securities transactions annually. Ripple's most notable acquisition, according to U.Today, was the $1.25 billion purchase of Hidden Road Partners, shaking up the industry. Hidden Road clears over $3 trillion in transactions annually for more than 300 institutional clients. Ripple explicitly stated that this acquisition would enable Hidden Road to migrate its post-trade activities to XRPL. The acquisition was officially completed at the end of October. Ripple became the first crypto company to own and operate a global multi-asset prime broker. Hidden Road was renamed Ripple Prime at that time. The partnership also emphasizes Ripple's RLUSD stablecoin. Ripple Prime has begun actively using RLUSD as collateral for its various prime brokerage products.