Ripple Acquisition Target Hidden Road Gains U.S. Broker-Dealer License by FINRA

Ripple Acquisition Target Hidden Road Gains U.S. Broker-Dealer License by FINRA

Hidden Road, the prime brokerage firm that's being acquired by Ripple, has obtained approval to operate as a U.S. broker-dealer from the Financial Industry Regulatory Authority (FINRA), the company said Thursday.The license, granted to its subsidiary Hidden Road Partners CIV US LLC, will allow the firm to expand its fixed income prime brokerage platform, according to the press release. With the broker-dealer status, the firm plans to offer insti…

Hidden Road Receives FINRA Approval for Broker-Dealer License

/PRNewswire/ -- Hidden Road, the global credit network for institutions, today announced that its wholly-owned subsidiary, Hidden Road Partners CIV US LLC, has...

Hidden Road Wins Broker-Dealer License After Ripple Acquisition

Hidden Road received a license to operate as a broker-dealer, part of the firm’s expansion of its prime-brokerage business to reach more institutional investors.

Ripple-Backed Hidden Road Achieves Broker-Dealer License Approval

Ripple Labs-owned Hidden Road has announced that its subsidiary, Hidden Road Partners CIV US LLC, has received approval from the Financial Industry Regulatory Authority (FINRA) to operate as a FINRA-member broker-dealer.  This approval allows Hidden Road to enhance its recently launched fixed income prime brokerage platform, which currently offers Fixed Income Repo and Global Funding […]

Ripple’s FINRA Breakthrough Could Skyrocket XRP Price – CEO Brad Garlinghouse Weighs In

Key Ripple news made headlines recently with an announcement regarding a significant regulatory development in Ripple’s recent acquisition of Hidden Road. The prime brokerage firm has now officially secured broker-dealer registration from the Financial Industry Regulatory Authority  (FINRA). This allows Hidden Road to broaden its services within the fixed-income sector. It can now provide institutional clients with compliant clearing and financi…

Hidden Road secures broker-dealer license days after $1.25B Ripple acquisition

Hidden Road has received regulatory approval to operate as a broker-dealer, just days after being acquired by Ripple. As initially reported by Bloomberg, Hidden Road — a non-bank brokerage firm that was recently acquired by Ripple (XRP) — has obtained…