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Ripple Prime's Marc Asch to step down by end of 2026, succeeded by Noel Kimmel.

Market News
10 Nov 2026, 18:37 WIB
UToday
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Bullish
Ripple Prime's Marc Asch to step down by end of 2026, succeeded by Noel Kimmel.

Marc Asch, founder of Hidden Road (now Ripple Prime), will leave Ripple Prime by the end of 2026. Noel Kimmel, currently Senior Vice President, will take over leadership of the institutional brokerage business. Ripple Prime was formed after Ripple acquired Hidden Road for $1.25 billion in 2025 and focuses on institutional investment in digital assets, including exposure to Ripple's stablecoin RLUSD. The company recently won the Prime Broker of the Year: EMEA award, highlighting its growing influence in financial services.

XRP, the digital asset linked to Ripple, is trading at Rp18.924 on Pluang with a 1-day change of -4.96% as of Nov 10, 2026 23:41 WIB. The market cap stands at Rp1.203,35 trillion, while trading volume reached Rp44,51 trillion, reflecting active investor interest during this period.

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