Ripple Launches OTC Spot Brokerage for US Institutional Investors, Including XRP
Ripple Launches OTC Spot Brokerage for US Institutional Investors, Including XRP
Blockchain payments company Ripple has announced the launch of new digital asset spot prime brokerage capabilities targeting the US market. This service will enable US-based institutional clients to execute over-the-counter (OTC) spot transactions across a wide range of digital assets, explicitly mentioning XRP, catering to the increasing investor appetite.
Ripple Expands US Institutional Offerings with New OTC Brokerage
Ripple, the blockchain payments company, has unveiled its latest offering: digital asset spot prime brokerage capabilities for the American market. This strategic move aims to capture the growing interest among US investors for advanced cryptocurrency solutions.
The newly launched service provides US-based institutional clients with the ability to conduct over-the-counter (OTC) spot transactions. A diverse array of digital assets will be supported, with XRP highlighted as a key asset available through this platform. This expansion underscores Ripple's commitment to facilitating institutional participation and liquidity in the digital asset space within the United States.