Hidden Road Launches Digital Assets Prime Brokerage for U.S. Institutions
Hidden Road has launched a digital assets prime brokerage for the U.S. market, enabling institutional investors to access over-the-counter (OTC) crypto swaps.
- The offering allows U.S.-based institutional clients to execute cash-settled OTC swaps across various tokens.
- Operated through Hidden Road’s FCA-regulated UK entity, Hidden Road Partners CIV UK Ltd.
- Includes cross-margining and financing services for digital assets.
- Ripple acquired Hidden Road in April for $1.25 billion to expand its global reach in the digital asset space.
- OTC swaps enable large trades to be executed privately, minimizing price volatility on public exchanges.