Ripple-owned Hidden Road gains FINRA broker-dealer status

#HiddenRoad , a prime brokerage recently acquired by #Ripple , has secured registration as a broker-dealer with the Financial Industry Regulatory Authority #FINRA . The approval allows the firm to expand its services in the fixed-income markets and provide institutional clients with regulatory-compliant clearing and financing options.

The move strengthens Hidden Road’s position in traditional finance as it continues to operate a credit network that clears over $10 billion in daily transactions.