Ripple expands institutional trading push with TJM partnership
Ripple acquired a minority stake in TJM Investments to deepen its institutional trading and settlement infrastructure.Summary
Ripple has expanded its institutional trading focus by acquiring a minority stake in the U.S.-regulated broker-dealer, TJM Investments, which will involve Ripple supporting TJM's trading and clearing operations. This partnership builds upon Ripple's institutional platform, Ripple Prime, which offers trading and financing tools to hedge funds and asset managers. TJM plans to leverage this connection to offer digital asset trading to its clients soon. This move reflects a broader industry trend where institutions prioritize access to familiar, regulated market structures and predictable settlement over chasing high returns, with crypto exposure increasingly flowing through prime brokerage-style platforms rather than offshore venues.
(Source：CoinDesk)