Ripple has officially launched Ripple Prime following the completion of its $1.25 billion acquisition of Hidden Road. The rebranded prime brokerage will be integrated into Ripple’s payment services, making Ripple the first crypto company to own and operate a global, multi-asset prime broker. Ripple aims to bring digital assets to institutional clients at scale, leveraging its infrastructure across payments, crypto custody, stablecoins, and $XRP . The firm also plans to use blockchain technology to streamline operations and optimize costs. This move is part of Ripple’s broader expansion strategy, which includes recent acquisitions such as GTreasury for $1 billion and the stablecoin platform Rail.

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