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 been rebranded as Ripple Prime. The transaction was completed in October 2025. US institutional clients can now ...