Ripple has filed new trademarks covering prime brokerage, securities lending, and clearing services, signaling a broader expansion into institutional financial infrastructure. The filings suggest Ripple is moving beyond cross-border payments and deeper into services traditionally dominated by major banks and trading firms. The move follows Ripple’s $1.25 billion acquisition of Hidden Road, which now operates as Ripple Prime. Markets are watching whether Ripple can leverage its blockchain network and institutional relationships to become a larger player in tokenized finance and crypto-integrated capital markets.
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