Ripple Launches U.S. Digital Asset Spot Prime Brokerage, Enabling OTC XRP Trades for Institutional Clients

COINOTAG News reports that Ripple has launched a dedicated digital asset spot prime brokerage service for the U.S. market. The offering enables eligible U.S. institutional clients to execute over-the-counter spot trades across a broad set of major digital assets through the Ripple platform, with XRP and RLUSD highlighted among supported tokens.

From a market-infrastructure perspective, the rollout may enhance execution efficiency and price transparency for qualified institutions seeking robust access to the U.S. market. Ripple’s built-in risk controls and custody considerations could support orderly OTC spot trades in assets such as XRP and RLUSD, potentially expanding liquidity for a select group of digital assets.