Ripple’s New Brokerage: Will It Save Your Crypto or Just Make You Richer?

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Oh, great, another crypto move. Because who doesn’t want to trade XRP with a side of existential dread? 🚀💰

Nothing says “I’m serious about crypto” like spending $1.25B on a company called Hidden Road. 🤯 Who’s hiding now? 🕵️‍♂️

Ripple Expands Institutional Offering 🧠

Ripple just launched a digital asset prime brokerage for the US market. Because nothing says “institutional” like a platform that’s basically a fancy way to lose money faster. 📉💸

“Ripple, a financial tech company that’s basically a cryptocurrency version of a magician-except the rabbit is a blockchain and the hat is a ledger.”

Since merging with Hidden Road, Ripple now offers OTC spot trading. Because who needs stability when you can have a digital asset spot prime brokerage? 🤯

“The launch of OTC spot execution capabilities complements our existing suite of OTC and cleared derivatives services in digital assets…”

Michael Higgins, CEO of Ripple Prime, who probably has a spreadsheet that’s more organized than your life. 🧠

This platform lets you cross-margin OTC transactions. Because why not combine traditional and crypto markets? It’s like mixing oil and water… but with more fees. 💸

Ripple’s Expansion Plans 🤯

Ripple’s 2025 strategy: Acquire everything, then pretend it was all part of the plan. GTreasury? Check. XRP reserves? Check. A coherent business model? Not so much. 🤷‍♂️

Ripple CEO Brad Garlinghouse says the regulatory climate is “improving.” Sure, because nothing says “regulatory clarity” like a stablecoin bill and a crypto market structure bill. 📜

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2025-11-04 18:14