NSCC Adds Ripple Prime, Linking Institutional Trades to XRPL
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- Ripple Prime joins the NSCC directory, clearing OTC trades under broker code PERS (0443).
- Approval follows $1.25B Hidden Road deal, linking institutional flows to XRPL plans.
- NSCC listing limits activity to OTC as XRPL expands with stablecoin and options plans.
Ripple Prime has secured regulatory approval after joining the participant directory of the National Securities Clearing Corporation (NSCC), a subsidiary of the Depository Trust & Clearing Corporation (DTCC).
The development follows Ripple’s $1.25 billion acquisition of Hidden Road in 2025, representing a structural step that could connect institutional post-trade activity to the XRP Ledger (XRPL). The listing became effective with a first trade date of March 2, 2026.
The NSCC confirmed in an Important Notice that “Hidden Road Partners CIV US LLC” has been added to its MPID Directory. The firm appe…
Read The Full Article NSCC Adds Ripple Prime, Linking Institutional Trades to XRPL On Coin Edition.
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