Bitget App
Trade smarter
Buy cryptoMarketsTradeFuturesEarnWeb3SquareMore
Trade
Spot
Buy and sell crypto with ease
Margin
Amplify your capital and maximize fund efficiency
Onchain
Going Onchain, without going Onchain!
Convert & block trade
Convert crypto with one click and zero fees
Explore
Launchhub
Gain the edge early and start winning
Copy
Copy elite trader with one click
Bots
Simple, fast, and reliable AI trading bot
Trade
USDT-M Futures
Futures settled in USDT
USDC-M Futures
Futures settled in USDC
Coin-M Futures
Futures settled in cryptocurrencies
Explore
Futures guide
A beginner-to-advanced journey in futures trading
Futures promotions
Generous rewards await
Overview
A variety of products to grow your assets
Simple Earn
Deposit and withdraw anytime to earn flexible returns with zero risk
On-chain Earn
Earn profits daily without risking principal
Structured Earn
Robust financial innovation to navigate market swings
VIP and Wealth Management
Premium services for smart wealth management
Loans
Flexible borrowing with high fund security
XRP News Today: Ripple Connects Conventional Finance and Digital Assets Through Integrated Institutional Brokerage

XRP News Today: Ripple Connects Conventional Finance and Digital Assets Through Integrated Institutional Brokerage

Bitget-RWA2025/11/03 13:46
By:Bitget-RWA

- Ripple launches Digital Asset Spot Prime Brokerage, enabling U.S. institutions to trade XRP and RLUSD via OTC spot transactions. - The service integrates foreign exchange, derivatives, and digital assets under Ripple Prime, acquired from Hidden Road in 2025. - RLUSD's role as collateral and cross-margin capabilities streamline portfolio management, bridging traditional finance and crypto markets. - Ripple aims to dominate institutional-grade services using XRP Ledger and RLUSD, competing with stablecoins

Ripple, a leading fintech firm recognized for its blockchain innovations, has broadened its footprint in the U.S. by introducing a Digital Asset Spot Prime Brokerage. This new service allows institutional clients in the U.S. to conduct over-the-counter (OTC) spot trades in major digital currencies, such as

and RLUSD, Ripple’s stablecoin, as reported by a . The offering is part of Ripple Prime—a newly branded unit following the acquisition of Hidden Road—that merges foreign exchange, derivatives, and digital asset services into a unified platform, according to a .

By incorporating XRP and RLUSD into its brokerage platform, Ripple aims to boost liquidity for digital asset trades and connect traditional finance with the crypto sector, as outlined in a

. Michael Higgins, International CEO of Ripple Prime, highlighted that this new product enhances their existing OTC and cleared derivatives offerings, giving institutional clients a robust toolkit for their trading needs. Clients are now able to cross-margin OTC spot trades with other digital asset positions, including swaps and CME futures, making portfolio management more efficient.

XRP News Today: Ripple Connects Conventional Finance and Digital Assets Through Integrated Institutional Brokerage image 0

Ripple’s purchase of Hidden Road in October 2025 was a significant milestone in its transformation from a payments company to a comprehensive multi-asset financial infrastructure provider, as detailed in a

. The revamped Ripple Prime now delivers clearing, financing, and trading across foreign exchange, derivatives, fixed income, and digital assets. This acquisition has also enabled RLUSD to be used as collateral for derivatives, reflecting increased institutional trust in the stablecoin.

This launch highlights Ripple’s ambition to lead in institutional digital asset services. Leveraging the XRP Ledger and RLUSD, Ripple is working to establish itself as a key player in global liquidity and settlement. A

mentioned that RLUSD’s market capitalization has exceeded $898 million. The stablecoin’s dual-chain design improves interoperability, giving institutions access to instant cross-border payments and DeFi networks.

Industry experts observe that Ripple’s growth mirrors the wider trend of institutional crypto adoption. Despite this, Ripple faces competition from other stablecoins like

and , but its strong compliance and integration with RippleNet provide advantages in the cross-border payments sector. At the same time, some investors are turning their attention from XRP to new altcoins such as (TAO) and Remittix (RTX), signaling a broader interest in high-potential tokens with practical applications, as noted in a .

Ripple’s momentum in the fourth quarter includes plans to release 1 billion XRP from escrow on November 1, as part of its regular liquidity management. While experts predict little effect on price, this move underscores Ripple’s ongoing strategy to balance token supply with institutional demand.

0

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

PoolX: Earn new token airdrops
Lock your assets and earn 10%+ APR
Lock now!

You may also like

Partisan Stalemate Results in $14 Billion Losses and 42 Million Facing Hunger as Shutdown Hits 35 Days

- U.S. government shutdown hits 35 days, matching historical record as partisan gridlock disrupts services for millions. - 42 million Americans face food aid delays under SNAP, with states using emergency funds amid federal funding disputes. - Economy risks $7B-$14B loss as shutdown extends, with GDP growth projected to drop 1-2% depending on duration. - Air traffic delays and unpaid federal workers highlight human costs, while political leaders blame each other for stalemate. - Trump administration oppose

Bitget-RWA2025/11/04 05:56
Partisan Stalemate Results in $14 Billion Losses and 42 Million Facing Hunger as Shutdown Hits 35 Days

Bitcoin Updates: Ambiguous Fed Rate Direction Triggers Crypto Sell-Off, $1.2 Billion Liquidated

- Crypto markets saw $1.2B in liquidations as Bitcoin and Ethereum dropped 3% amid macroeconomic uncertainty and trader panic. - Top exchanges like Hyperliquid and HTX recorded massive losses, with high-profile traders suffering $15M-$33M in single-day wipeouts. - Fed's ambiguous rate-cut signals and Trump-Xi meeting failed to stabilize prices, while Coinbase's negative premium index highlighted U.S. selling pressure. - Despite 3-month lows for ETH and altcoins, analysts like Nick Ruck suggest Fed policy s

Bitget-RWA2025/11/04 05:56
Bitcoin Updates: Ambiguous Fed Rate Direction Triggers Crypto Sell-Off, $1.2 Billion Liquidated

Ethereum News Update: Crucial Support and Resistance Clash for Ethereum: Bulls and Bears Face Off in Intense Showdown

- Ethereum's price hovers near $3,600–$3,750 support, with bulls targeting $4,000+ and bears warning of a $3,300 drop. - Technical indicators show neutral-to-bearish momentum, while on-chain data highlights $165B reserves and stablecoin strength. - A Binance 30,000 ETH order and Fed policy signals could drive volatility, with $4,000+ potentially unlocking $5,000–$6,000. - Key resistance at $4,100–$4,250 remains intact since mid-2025, requiring a breakout to confirm bullish momentum.

Bitget-RWA2025/11/04 05:56
Ethereum News Update: Crucial Support and Resistance Clash for Ethereum: Bulls and Bears Face Off in Intense Showdown

BCH Drops 1.9% on November 4 as Weekly and Monthly Declines Worsen

- Bitcoin Cash (BCH) fell 1.9% on Nov 4, with 8.3% weekly and 7.25% monthly losses, contrasting a 14.22% annual gain. - Technical indicators show mixed signals: oversold RSI hints at potential rebounds, but bearish MACD divergence suggests lingering downward momentum. - A backtest seeking 15%+ BCH spikes since 2022 failed due to no historical matches, prompting analysts to propose lower thresholds or alternative triggers like volume surges.

Bitget-RWA2025/11/04 05:52