Key Notes
Institutional clients can cross-margin OTC spot transactions with their broader digital asset portfolios on the platform.
The service supports dozens of digital assets including XRP and RLUSD stablecoin alongside derivatives and CME futures trading.
Hidden Road 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 clients on Nov. 3, 2025. The service allows clients to execute over-the-counter spot transactions across dozens of digital assets.
The launch represents the first major integration following Ripple’s $1.25 billion acquisition of prime broker Hidden Road, according to a company announcement . The acquired firm has bee

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