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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 ...
S Token Defies Market Trend with 5% Surge as Sonic Welcomes New CEO
Yahoo Finance· 2025-09-29 21:55
Sonic Labs has appointed Mitchell Demeter as its new Chief Executive Officer, marking an important moment for the blockchain company. The move comes as the network’s native token, S, rallied nearly 5% in the past 24 hours, which defies the broader altcoin market slump. Leadership Shift to Drive Global Growth Demeter, best known for launching the world’s first Bitcoin ATM and co-founding one of Canada’s earliest digital exchanges, brings extensive experience bridging blockchain innovation with institutio ...