Global, multi-asset prime brokerage platform Ripple Prime is accelerating the expansion of its prime brokerage business, with the goal of positioning itself as a “Wall Street 2.0” leader in digital-asset infrastructure for institutional investors.
According to blockchain media outlet U. Today, Ripple Prime is currently strengthening its prime brokerage business linking traditional finance and digital-asset markets, with the goal of presenting the 24-hour, blockchain-based financial infrastructure as the brokerage platform’s core competitive edge.
Michael Higgins, CEO of Ripple Prime International, said in a recent interview, “This crypto winter is not a winter for digital assets. Markets are moving toward 24-hour accessibility, and that requires always-on, blockchain-based infrastructure. That is Wall Street 2.0, and Ripple Prime is leading the change.”
Ripple Prime’s growth has accelerated further since the platform acquired prime brokerage firm Hidden Road for USD 1.25 billion in October 2025. As per the Ripple Prime, its multi-asset activities have been positioned to take advantage of the growing institutional demand that is expanding across asset classes, including foreign exchange, digital assets, derivatives, swaps, and bonds, centered on clearing and financing services.
Ripple Prime is also strengthening its liquidity provision. It recently secured a USD 200 million debt facility from Neuberger Specialty Finance that will be used to expand margin financing capabilities and broaden the liquidity provision base for institutional clients.
Ripple Prime’s key strategy is to shift bank-centered payment systems to a blockchain-based structure.
“Traditional prime brokerages can post collateral only during bank business hours, creating inefficiencies that require additional capital on weekends or holidays. Ripple Prime plans to reduce such constraints by building a 24-hour collateral management system using the dollar-pegged stablecoin RLUSD,” the company remarked.
Higgins said large Wall Street banks are expected to enter the digital prime brokerage market in earnest if the regulatory framework becomes clearer.
“Existing financial institutions would not find it easy to build blockchain-based technology quickly. The biggest market maker in US equities and FX markets is no longer a bank,” he said.
Ripple Prime connects digital-asset exchanges, FX liquidity pools, and traditional stock exchanges through a single integrated technology stack and applies the same operating system. This ability has allowed the company to expand services more quickly across different asset classes.
Considering the institutional adoption of digital assets entering an expansion phase, Ripple Prime is looking to reposition itself as a comprehensive infrastructure provider spanning clearing, financing, and collateral management beyond simple trading services.