Ripple (XRP) Makes Major Wall Street Push With New Institutional Trading Business
🚀 Ripple has launched Ripple Prime, a new institutional trading business aimed at hedge funds and asset managers, allowing them to execute Total Return Swaps across various asset classes.
📈 The service is live and expands Ripple's presence in traditional finance, following its $1.25 billion acquisition of prime broker Hidden Road, now known as Ripple Prime.
💼 Ripple Prime offers a diverse range of assets, including equities and cryptocurrencies, and aims to streamline collateral management for institutional clients, reflecting the growing demand for such services in the market.
🚀 Ripple has launched Ripple Prime, a new institutional trading business aimed at hedge funds and asset managers, allowing them to execute Total Return Swaps across various asset classes.
📈 The service is live and expands Ripple's presence in traditional finance, following its $1.25 billion acquisition of prime broker Hidden Road, now known as Ripple Prime.
💼 Ripple Prime offers a diverse range of assets, including equities and cryptocurrencies, and aims to streamline collateral management for institutional clients, reflecting the growing demand for such services in the market.