Ripple has announced the completion of its acquisition of Hidden Road, officially rebranding the global non-bank prime broker as Ripple Prime. This is a historic moment for the company, as it makes the payment firm the first crypto-based company to own and operate a global, multi-asset prime brokerage platform.

The acquisition is also a major record that significantly expands Ripple’s institutional presence and further improves the XRP Ledger’s ecosystem through new integrations and utility for the company’s stablecoin, RLUSD.

Ripple Prime Acquisition To Boost The XRP Ledger

In a recent post on the social media platform X, Ripple announced that it has completed the acquisition of Hidden Road. The company’s acquisition of Hidden Road positions it as a pioneer in combini

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