<ul><li>Hidden Road, a crypto prime broker acquired by Ripple, has launched a new digital asset swaps prime brokerage service for U.S. institutional clients.</li><li>The service allows U.S.-based institutions to trade cash-settled OTC swaps for various digital assets through Hidden Road Partners CIV UK Ltd.</li><li>Hidden Road aims to fill the gap in the U.S. digital asset market by offering access to a wider range of products and solutions, including cross-margining and financing services.</li><li>The acquisition by Ripple for $1.25 billion is expected to boost Hidden Road's global expansion, while competition in the non-bank prime brokerage sector continues to grow.</li></ul>

Ripple’s Newly Acquired Hidden Road Now Lets U.S. Institutions Trade Cash-Settled Crypto Swaps

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