Ripple has unveiled its new digital asset spot prime brokerage services aimed at institutional clients in the United States. This launch follows Ripple’s acquisition of Hidden Road, a multi-asset prime brokerage. The integration of Hidden Road’s services into Ripple Prime enables U.S.-based institutions to execute over-the-counter (OTC) spot transactions with a wide selection of prominent digital assets, including XRP and RLUSD.
Ripple’s expansion into prime brokerage services for digital assets is a significant development for the company. U.S. institutions can now access not only spot trading, but also a variety of other financial products such as foreign exchange (FX), derivatives, swaps, and fixed income.
This new capability is part of Ripple Prime’s broader strategy to offer a more comprehensive set of trading options for institutional investors.
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. https://t.co/zTYb4MrPX4
— Ripple (@Ripple) November 3, 2025
Ripple Prime’s Expanded Capabilities Benefit U.S. Institutions
With the launch of OTC spot execution services, Ripple Prime now provides U.S. institutions with more flexible tools to manage their digital asset portfolios. These clients will have the ability to cross-margin OTC spot transactions along with other asset types, such as OTC swaps and CME futures and options. This functionality aims to give institutional clients more control over their risk exposure and leverage in their trading strategies.
Ripple’s integration of Hidden Road’s infrastructure into Ripple Prime significantly strengthens its service offering. The combination of both companies’ licenses and solutions allows Ripple to provide a seamless, unified platform for executing a diverse range of financial transactions. The expansion of Ripple Prime’s capabilities positions the platform as a competitive player in the rapidly growing U.S. digital asset market.
By offering a wide range of trading products under one roof, Ripple Prime is setting itself up to meet the growing demand from U.S. institutions seeking more comprehensive and flexible digital asset services.
This move highlights Ripple’s ongoing commitment to supporting institutional clients with advanced tools for navigating the evolving financial landscape.