Ripple acquisition Hidden Road secures FINRA registration

Prime brokerage Hidden Road, which was recently acquired by Ripple for $1. 25 billion, has secured a broker-dealer license from the Financial Industry Regulatory Authority (FINRA) — a move that enhances its capacity in the fixed-income markets.  As a FINRA broker-dealer, Hidden Road can further develop its fixed-income prime brokerage services and extend its capabilities in traditional markets, the company announced on April 17. This includes offering institutional clients regulatory-compliant clearing and financing services across fixed-income securities source: https://cointelegraph.com/news/ripple-acquisition-hidden-road-secures-finra-registration?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound