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From Amex to DTCC: Ripple Is Re-Engineering Wall Street Post-Trade Infrastructure

Ripple Prime – the institutional prime brokerage arm built on Ripple’s $1.25 billion acquisition of Hidden Road – was added to the DTCC’s NSCC participant directory effective March 2, 2026, assigned clearing broker code 0443 and executing broker alpha HRFI, with approval for OTC trades confirmed in a February 27 DTCC notice. That listing is the moment Ripple moved from the perimeter of Wall St…

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