Ripple Prime (formerly Hidden Road) has been added to the market participant identifier (MPI) directory of the U.S. National Securities Clearing Corporation (NSCC), a move seen as a key step for institutional adoption of the XRP Ledger (XRPL). DTCC has confirmed the launch, following Ripple's acquisition of this prime brokerage platform for $1.25 billion last October. Analysts believe this will enable Ripple Prime to connect traditional finance and decentralized finance, potentially guiding institutional post-trade settlement volumes to XRPL in the future, thereby creating more sustained demand for XRP.

XRP3,51%
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