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Ripple-Backed Hidden Road Cuts Into U.S. Crypto OTC Market—Because Banks Still Won’t Play Nice
Ripple-Backed Hidden Road Cuts Into U.S. Crypto OTC Market—Because Banks Still Won’t Play Nice
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Institutional crypto traders just got a new over-the-counter (OTC) desk—and it’s backed by Ripple’s deep pockets. Hidden Road, the prime brokerage that’s been quietly building bridges between TradFi and crypto, just flipped the ’open’ sign in the U.S.
No more begging banks for access. The launch targets hedge funds and asset managers tired of jumping through legacy finance hoops—or getting slapped with ’risk management’ excuses. Liquidity? Check. Credit lines? Check. Regulatory headaches? Well, they’re working on it.
Funny how a $150B+ crypto market still needs backdoor solutions. Maybe Wall Street will finally notice when the OTC volume dwarfs their precious stock trades.
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