Ripple has completed its $1.25 billion acquisition of Hidden Road, becoming the first crypto company to own and run multi-asset prime brokerage services for institutional clients.

Stablecoin issuer and cross-border payment platform Ripple has completed its acquisition of Hidden Road to launch Ripple Prime, the first global multi-asset prime broker owned by a crypto company.

Ripple spent about $4 billion in acquisitions from 2023 to 2025, expanding beyond payments into prime brokerage, custody, and ...

Michael Higgins says institutional demand for crypto is booming and Ripple’s acquisition cements a shared vision for compliant, global capital markets.

Ripple strengthens its presence in global finance with a $1.25B acquisition of Hidden Road, now rebranded as Ripple Prime.

Ripple finalizes its $1.25B acquisition of Hidden Road, rebranding it as Ripple Prime to expand into multi-asset prime brokerage. The deal integrates Ripple’s XRPL and RLUSD stablecoin into ...

Ripple has announced its plans earlier this year to acquire Hidden Road, one of the non-bank prime brokers, providing ...

Ripple has launched a digital asset spot prime brokerage for U.S. institutional clients, marking a major step in its expansion into broader financial services following the acquisition of multi-asset ...

Ripple Prime boosts RLUSD adoption as institutions shift derivatives into stablecoin-backed balances for broader access.

Ripple launched digital asset spot prime brokerage capabilities for US institutional clients on Nov. 3, 2025. The service allows clients to execute over-the-counter spot transactions across dozens of ...

Ripple says it has officially acquired the non-bank prime broker Hidden Road, transforming it into Ripple Prime.

Ripple on Tuesday said that it's agreed to buy prime brokerage firm Hidden Road for $1.25 billion, in the crypto startup's biggest acquisition to date. Founded in 2018, Hidden Road offers clearing, ...