XRP and RLUSD Shine as Ripple Prime Debuts US Multi-Asset Brokerage Platform

CN
20 hours ago

Ripple’s expansion into the U.S. institutional market marks a key step for XRP and its stablecoin Ripple USD (RLUSD) as the company advances access to regulated digital asset trading. The crypto firm announced on Nov. 3 that it launched digital asset spot prime brokerage capabilities for U.S. institutional clients through its Ripple Prime platform, solidifying its position as a multi-asset brokerage connecting traditional and crypto markets.

Posting on social media platform X on Nov. 3, the company stated:

Ripple Prime breaks ground in the US today with the launch of digital asset spot prime brokerage capabilities – allowing clients to execute OTC spot transactions across the most prominent digital assets and stablecoins, including XRP and RLUSD.

The announcement further explained: “U.S.-based institutional clients are now able to execute OTC spot transactions across dozens of the most prominent digital assets including XRP and RLUSD.”

The rollout follows Ripple’s October 2025 acquisition of multi-asset brokerage Hidden Road, which has since been merged into Ripple Prime, combining licensing and operational frameworks under a unified institutional offering.

Ripple also emphasized the platform’s expanded functionality:

With this launch, Ripple Prime’s U.S.-based clients can cross-margin OTC spot transactions and holdings with the rest of their digital asset portfolio, including OTC swaps and CME futures and options.

By integrating foreign exchange, derivatives, swaps, and fixed income capabilities, Ripple Prime aims to streamline complex institutional trading strategies. Industry analysts interpret this as a sign that established firms increasingly view digital assets such as XRP and RLUSD as essential tools within diversified financial portfolios, reflecting accelerating convergence between blockchain innovation and traditional finance.

  • What does Ripple’s new U.S. prime brokerage launch mean for XRP investors?
    It signals major institutional adoption potential for XRP as Ripple integrates crypto with traditional finance through regulated U.S. market access.
  • How does Ripple Prime benefit institutional clients?
    It allows clients to trade OTC spot transactions, swaps, and futures across major digital assets under one unified platform.
  • Why is RLUSD important in Ripple’s new platform?
    RLUSD strengthens Ripple’s ecosystem by providing a stablecoin option for institutional traders seeking secure and liquid digital asset operations.
  • How could Ripple’s acquisition of Hidden Road impact market strategy?
    The merger boosts Ripple’s institutional reach and licensing, creating a powerful bridge between traditional and blockchain-based trading systems.

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