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Crypto

Ripple Prime revenue triples after Hidden Road acquisition, eyes \'Wall Street 2.0\'

Ripple Prime is speeding up its push into digital-asset prime brokerage for institutional investors, positioning itself as a leader of what it calls “Wall Street 2.0”. It says growth accelerated after Ripple bought prime brokerage firm Hidden Road for $1.25 billion in October 2025, and that Ripple Prime revenue rose threefold year on year. It is also expanding liquidity capacity and promoting 24-hour collateral management using RLUSD.

Crypto

EDX Markets raises $76 million in SBI Holdings-led Series C round

EDX Markets, a cryptocurrency exchange for institutional investors, raised $76 million in a Series C funding round led by SBI Holdings, Cointelegraph reported on Monday. The company plans to use the funds to expand spot trading, clearing and settlement services, and to develop new products and expand overseas. EDX Markets operates a U.S.-focused institutional spot exchange and also offers a Singapore-based perpetual futures exchange for eligible institutional clients outside the United States.

Crypto

Cardano founder says Ripple\'s execution deserves credit, survival not an accident

Cardano founder Charles Hoskinson publicly praised rival project Ripple for its execution and long-term staying power. He said Ripple has kept expanding its business regardless of market conditions, pointing to steady product launches, major partnerships and growth in institutional services. Hoskinson cited the launch of the dollar-linked stablecoin RLUSD and the acquisition of prime brokerage Hidden Road, which Ripple reshaped into Ripple Prime.