Prime Brokerage
Ripple Expands U.S. Institutional Offering With Introduction of Digital Asset Spot Prime Brokerage
Ripple Prime offers OTC spot trading for major cryptocurrencies including XRP and RLUSD.

Ripple Prime Is the Fintech Firm’s One-Stop Institutional Trading and Financing Desk
Ripple Prime bundles trading, financing and clearing for institutions in one service, with risk controls, regulated custody and optional RLUSD collateral.

A Crypto Trading Clampdown Expands Beyond Binance to Another Large Exchange
The second-largest crypto exchange, OKX, asked key trading firms for more information about their clients, in what appears to be an effort to root out misuse of a VIP fee program.

Why Prime Brokers Could Be a Source of Crypto Contagion
Prime brokers are a new source of liquidity in this cycle, which could be good and bad in the long-run, says Phillip Moran, CEO of the Digital Opportunities Group.

Coinbase Creates New Crypto Lending Service Geared Toward Large Investors
Coinbase (COIN) raised $57 million for the platform as of Sept. 1, according to an SEC filing.

Matrixport Integrates With Copper’s ClearLoop on Prime Brokerage Offerings
The collaboration will see Matrixport working with Copper’s ClearLoop to offer institutional clients off-exchange settlement.

FalconX Raises $150M at $8B Valuation
GIC and B Capital led the Series D funding round for the digital asset broker.

FTX Launches New Unit Focused on Institutional Investors
FTX Access will offer institutional investors access to advisory services, index products and trade execution, among other items.

Genesis Posts Another Record Derivatives Trading Quarter With Over $20B in Volume
Bitcoin’s share of its loan mix fell thanks to the Grayscale Bitcoin Trust discount, Genesis said in its Q4 report.

BlockFi Looks to Tap Institutional Market With New Platform
BlockFi launched BlockFi Prime as more institutional investors show an interest in crypto.
