Ripple Launches Digital Asset Prime Brokerage in the US

Ripple Launches New Service for US Clients

Ripple has launched a prime brokerage platform for its US-based customers. The new platform, called Ripple Prime, offers OTC (over-the-counter) spot trading for significant cryptocurrencies such as XRP and RLUSD.

US institutions can utilize Ripple Prime to cross-margin spot, swaps, and futures positions all on a single platform. This new feature provides investors with greater trading flexibility.