🚀 Institutional Crypto Shifts Toward Prime Brokerages and Off-Exchange Custody
#InstitutionalCrypto #PrimeBrokerages #OffExchangeCustody #Ripple #HiddenRoad #Cryptocurrency #TBillCollateral #RegulatedCustodians #NS3AI #XRP
Dominic Lohberger has highlighted a trend in institutional cryptocurrency moving towards prime brokerages and off-exchange custody solutions. According to NS3.AI, this shift is exemplified by Ripple's recent $1.25 billion acquisition of Hidden Road. Lohberger noted that bank-based custody models enable institutions to use T-bills as collateral while maintaining their assets with regulated custodians, rather than depositing them on exchanges.#InstitutionalCrypto #PrimeBrokerages #OffExchangeCustody #Ripple #HiddenRoad #Cryptocurrency #TBillCollateral #RegulatedCustodians #NS3AI #XRP