Ripple Expands Institutional Footprint As XRP Drops Below $2.30

Benzinga and Yahoo Finance LLC may earn commission or revenue on some items through the links below. Ripple, the blockchain company behind XRP (CRYPTO: XRP), is rapidly expanding its institutional footprint through a series of strategic acquisitions and new product offerings, signaling preparation for a potential XRP ETF launch. What Happened: Ripple unveiled Ripple Prime, its new digital asset spot prime brokerage platform in the U.S., following the acquisition of multi-asset broker Hidden Road. The plat ...