Architectural Concept Design Collection

  • CONTACT
  • MARKETCAP
  • BLOG
Finances Investing and Crypto News
  • BOOKMARKS
  • Finance
  • Investment
  • Crypto
    • Bitcoin
    • Blockchain
    • Ethereum
    • Forex
    • Tether
  • Market
    • Binance
    • Business
    • Investor
    • Money
    • Trading
  • News
    • Mining
    • NFT
    • Stocks
Reading: Citadel Securities-backed Hidden Road rolls out OTC crypto swaps for US institutions
Share
  • bitcoinBitcoin(BTC)$104,609.96
  • ethereumEthereum(ETH)$2,488.25
  • tetherTether USDt(USDT)$1.00
  • rippleXRP(XRP)$2.15
  • binancecoinBNB(BNB)$652.41
  • solanaSolana(SOL)$153.38
  • usd-coinUSDC(USDC)$1.00
  • dogecoinDogecoin(DOGE)$0.189827
  • tronTRON(TRX)$0.268929
  • cardanoCardano(ADA)$0.67
Finances Investing and Crypto NewsFinances Investing and Crypto News
0
Font ResizerAa
  • Finance
  • Investment
  • Crypto
  • Market
  • News
Search
  • Finance
  • Investment
  • Crypto
    • Bitcoin
    • Blockchain
    • Ethereum
    • Forex
    • Tether
  • Market
    • Binance
    • Business
    • Investor
    • Money
    • Trading
  • News
    • Mining
    • NFT
    • Stocks
Have an existing account? Sign In
Follow US
© Foxiz News Network. Ruby Design Company. All Rights Reserved.
Finances Investing and Crypto News > Blog > Crypto > Citadel Securities-backed Hidden Road rolls out OTC crypto swaps for US institutions
Crypto

Citadel Securities-backed Hidden Road rolls out OTC crypto swaps for US institutions

admin
Last updated: 29/05/2025 1:51 Chiều
admin
Published 29/05/2025
Share


The prime brokerage firm Hidden Road has launched crypto swap services for U.S. clients as it awaits regulatory approval for its $1.25 billion acquisition by Ripple.

Prime broker Hidden Road has launched crypto swaps prime brokerage services for institutional clients in the United States, expanding access to over-the-counter cash-settled swaps across leading cryptocurrencies.

The new product is provided by Hidden Road’s British arm, Hidden Road Partners CIV UK Ltd., which is regulated by the Financial Conduct Authority. With the latest upgrade, U.S.-based institutions will now be able to execute OTC swaps in a market that the company says has been “under-served from a product standpoint.”

“While OTC swaps represent a significant portion of digital asset trading volumes globally, until now, they were largely unavailable to U.S. institutions. With the launch of our swap prime brokerage capabilities for the United States market, we can provide clients with access to an expanded range of products and solutions.”

Michael Higgins, International CEO and Global Head of Corporate Development for Hidden Road

The prime brokerage service offers cross-margining and financing tools, which the firm says may help institutional clients manage trading and collateral more efficiently across multiple counterparties and positions.

The rollout comes shortly after Hidden Road reached a deal in April to be acquired by Ripple for $1.25 billion. Before the acquisition, Hidden Road had received investments from Citadel Securities and other firms.

The deal, however, is expected to close in the coming months as it’s still subject to regulatory approvals, the broker said. As crypto.news reported earlier, the deal will be primarily cash-based, along with a portion paid in XRP and Ripple stock.

With Ripple’s backing, Hidden Roads says it will “exponentially expand its capacity to service its pipeline and become one of the largest non-bank prime brokers globally.”

You Might Also Like

SEC turns blind eye to Official Trump, memecoin business

Uniswap introduces one-click token swaps

Yuga Labs sells CryptoPunks rights to Infinite Node Foundation

Strategy buys $1.34b more Bitcoin, total holdings near $60b

Bitget taps into RWA-backed yields by launching BGUSD with 5% APY

TAGGED:CitadelcryptohiddenInstitutionsOTCRoadrollsSecuritiesbackedswaps

Sign Up For Daily Newsletter

Be keep up! Get the latest breaking news delivered straight to your inbox.
By signing up, you agree to our Terms of Use and acknowledge the data practices in our Privacy Policy. You may unsubscribe at any time.
Share This Article
Facebook Email Copy Link Print
Previous Article Michael Saylor’s Strategy address allegedly revealed by Arkham, with $48.8b worth of BTC
Next Article Pakistan confirms plans for a strategic Bitcoin reserve
Leave a Comment

Để lại một bình luận Hủy

Email của bạn sẽ không được hiển thị công khai. Các trường bắt buộc được đánh dấu *

Follow US

Find US on Socials
FacebookLike
- Advertisement -
Ad image
Popular News
Vitalik Buterin confirms Ethereum’s layer 1 to scale tenfold within 12 Months
Emergency Funds: Importance and How to Build One
Debt Management: Strategies to Pay Off Debt Efficiently
Riot Platforms unloads 475 BTC in its biggest single-month Bitcoin sale to date
Revolut partners with Lightspark to add Bitcoin Lightning for UK and EEA users
- Advertisement -
Ad image

Follow Us on Socials

We use social media to react to breaking news, update supporters and share information

Twitter Youtube Telegram Linkedin
Finances Investing and Crypto News

FICN.net brings you the latest in finance, investment, and crypto. Stay informed with expert insights, market analysis, and beginner guides. Whether you're new or experienced, FICN.net helps you explore opportunities, manage risks, and make smarter financial decisions in a fast-changing world.

Subscribe to our newsletter

You can be the first to find out the latest news and tips about trading, markets...

Ad image
© 2024 Finance, Investment, and Crypto News. All Rights Reserved.
Welcome Back!

Sign in to your account

Username or Email Address
Password

Lost your password?