Ripple Becomes Prime Broker for $35 Billion Hedge Fund
- —Ripple is now prime broker for a hedge fund managing $35 billion
- —Services run through Hidden Road, acquired for $1.25 billion
- —Deal expands Ripple's footprint in institutional crypto infrastructure
Why it matters: Ripple's deeper institutional ties could support XRP demand and strengthen its position on Wall Street.
Source: Google News (crypto query)