🚀 Ripple Prime Listed as Executing Broker, No XRPL Integration Yet
#RipplePrime #HiddenRoad #DTCC #ExecutingBroker #XRP #XRPL #OTC #SecuritiesClearing #Pershing #PostTrade #Ripple #Acquisition #XRPIntegration
Ripple Prime, previously known as Hidden Road, has been included in a directory of a subsidiary of the Depository Trust & Clearing Corporation (DTCC) as an executing broker. According to NS3.AI, this listing signifies regulatory approval for Ripple Prime to engage in post-trade over-the-counter (OTC) securities clearing, with Pershing acting as the clearing broker. However, it does not currently involve any settlement on the XRP Ledger (XRPL).
Despite some optimistic speculation within the community, Ripple's acquisition of Hidden Road is intended to eventually transition post-trade activities to the XRPL. As of now, no timeline or operational integration with the XRPL has been established.#RipplePrime #HiddenRoad #DTCC #ExecutingBroker #XRP #XRPL #OTC #SecuritiesClearing #Pershing #PostTrade #Ripple #Acquisition #XRPIntegration