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Ripple Prime wins Best Prime Broker, marking XRP's rise in institutional finance.

Market News
02 May 2026
Coinpaper
Bullish
pluang ai news

Ripple Prime won the 2026 Hedge Fund Services Awards Europe for Best Prime Broker, signaling XRP's growing acceptance in institutional finance. This recognition from traditional finance circles highlights Ripple Prime's shift from a blockchain-native player to a serious institutional contender. The acquisition of Hidden Road and its integration with Ripple's blockchain infrastructure is bridging traditional finance with decentralized finance, enhancing XRP's role as a liquidity bridge asset. Ripple Prime's expansion into commodities and connection with major clearing corporations suggests XRP is becoming more relevant in institutional workflows, potentially boosting its long-term adoption.

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