Analysis · Institutions & ETFs
The enterprise firm extends stablecoin custody, cross-border equity settlement, and retail listings while expanding its prime brokerage operations.
Key point 1 of 3
01
BNY expanded its partnership with Ripple to support XRP and RLUSD custody and explore tokenized trade finance on the XRP Ledger.
Key point 2 of 3
02
DriveWealth partnered with Ripple to use RLUSD on the XRP Ledger for cross-border equity settlement and capital movement.
Key point 3 of 3
03
HSBC warned that thin order books could restrict institutional adoption of Ripple Prime's 24/7 stock swaps backed by RLUSD.
Context
Ripple has systematically built out enterprise infrastructure through its $2.5 billion RLUSD stablecoin, the acquisition of prime broker Hidden Road (now Ripple Prime), and…
Why it matters
Global brokerages, fintechs, and trading firms gain 24/7 collateral settlement and multi-asset cross-margining, while facing off-hours liquidity risks during conventional stock…
What to watch
Ripple and DriveWealth executives hold a joint fireside chat at the Ripple Swell conference on Oct. 28 in New York City.
Sources
Built from 6 primary sources, machine-checked before publication.
Keep reading
Read the full analysis
AI-generated, source-verified. Sources, citations and live prices on the article page.