Hidden Road opens up cash-settled crypto OTC swaps for U.S. institutions, backed by Ripple’s $1.25 billion acquisition plan.

The acquisition will close in the coming months pending regulatory approval, and Hidden Road founder Marc Asch will stay on to head the prime broker at Ripple. FT Partners provided financial ...

Nomura Holdings Inc. is weighing a return to offering cash prime-brokerage services in the US and Europe, businesses it largely exited just four years ago following the implosion of Archegos ...

Hidden Road, the prime brokerage firm that's being acquired by Ripple, has obtained approval to operate as a U.S. broker-dealer from the Financial Industry Regulatory Authority (FINRA), the ...

Benzinga and Yahoo Finance LLC may earn commission or revenue on some items through the links below. Ripple, the blockchain firm behind XRP (CRYPTO: XRP), has signed an agreement to acquire prime ...

Ripple is acquiring prime brokerage Hidden Road for $1.25 billion in what is one of the largest deals ever in the crypto industry. Hidden Road is a prime brokerage, clearing and financing platform ...

Ripple said on Tuesday it will buy multi-asset prime broker Hidden Road in a $1.25 billion deal, making it one of the largest acquisitions by the crypto company. This is the second billion-dollar ...

Hidden Road's founder, Marc Asch, will continue to lead the firm under Ripple's umbrella, assuming control of the prime brokerage division. Prime brokers play a critical role in capital markets ...

April 8 (Reuters) - Ripple said on Tuesday it will buy multi-asset prime broker Hidden Road in a $1.25 billion deal, making it one of the largest acquisitions by the crypto company. This is the ...

The Bank of England is planning to investigate how banks measure their exposures within their prime brokerage divisions after the business has grown more concentrated in recent years. Many of the ...

The prime brokerage industry is back to its best. After a few turbulent years stemming from market volatility, rising interest rates, geopolitical turmoil, inflation, soaring energy prices, client ...