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Ripple Launches Institutional OTC Service as RLUSD Passes $1 Billion
Yahoo Finance·2025-11-04 03:39

XRP Whales. Photo by BeInCrypto Ripple Labs has taken a significant step forward in its institutional-asset strategy with the launch of its US spot prime brokerage service, Ripple Prime.  Announced today, the offering enables US institutional clients to execute over-the-counter (OTC) spot trades in major digital assets, including XRP and RLUSD. Ripple Prime Broadens Market Access Less than two weeks ago, Ripple announced the $1.25 billion acquisition of multi-asset prime brokerage Hidden Road. Now opera ...