Ripple (XRP) Releases Statement on New Initiative: Officially Launched

Ripple has officially launched its digital asset spot prime brokerage service for institutional clients in the ￰0￱ Prime users will now be able to conduct over-the-counter (OTC) spot trading on dozens of digital assets, including XRP and RLUSD, the company ￰1￱ company acquired multi-asset brokerage firm Hidden Road in October ￰2￱ this merger, Ripple integrated its licenses with Hidden Road's solutions, creating a new structure under the Ripple Prime ￰3￱ provides institutions with seamless access to foreign exchange (FX), digital assets, derivatives, swaps, and fixed-income ￰4￱ News: Will Bitcoin Fall Below $100,000 This Year After the Latest Decline?

Here Are the Odds Michael Higgins, International CEO of Ripple Prime, said that with the new service, institutions’ access to the cryptocurrency markets has become more comprehensive: “The launch of OTC spot trading capabilities complements our existing OTC and derivatives services and enables us to provide ￰5￱ with a comprehensive offering tailored to their strategies.” The new structure will allow Ripple Prime users to manage their OTC spot transactions and assets with cross-margin ￰6￱ will allow them to optimize their OTC swaps, CME futures, and options positions within the same portfolio. *This is not investment ￰7￱ Reading: Ripple (XRP) Releases Statement on New Initiative: Officially Launched