And the shopping continues by @Ripple!
Finally, Ripple fully acquires Hidden Road, which is renamed #RipplePrime
Now:
#Ripple no longer only provides technology or liquidity.
Now it controls the prime broker, the balance, institutional clients, and operations.
Ripple Prime becomes an internal division of the #Ripple ecosystem, with the same CEO overseeing the integration.
Ripple moves from being a liquidity and payment provider → to being a complete financial house for global institutions.
It can offer credit, derivatives, risk management, currencies, and tokenized assets.
#RLUSD (Ripple's stablecoin) becomes a collateral asset within a regulated institutional environment.
#Ripple becomes the first crypto company with its own global multi-asset prime broker.
This seals the move of #Ripple from "blockchain company" to hybrid global financial institution, right in the context of the transition to #ISO20022.
Hidden Road already had licenses and banking relationships with funds, hedge funds, and banks.
By absorbing it, Ripple gains direct access to that ecosystem, eliminating intermediaries.
#RipplePrime becomes the institutional interface of the new tokenized financial system.$XRP $BNB $SOL