Ripple Prime Sees Extra Recognition with Key Nominations – U.At this time

Ripple Prime has been shortlisted in 4 classes on the Hedgeweek US Awards 2026.

The corporate has been nominated for Prime Dealer of the Yr: Consumer Service, Prime Dealer of the Yr: Expertise, Prime Dealer of the Yr: Specialist Markets, and Prime Dealer of the Yr: Begin-up & Rising Managers. Winners will likely be decided by public voting, with the awards ceremony scheduled for October 8, 2026, in New York.

The nominations place Ripple Prime alongside established names within the conventional monetary providers business, together with main banks, buying and selling platforms, fund directors and expertise suppliers competing throughout Hedgeweek’s institutional funding classes.

Ripple Prime’s journey 

Ripple Prime’s origins hint again to Ripple’s acquisition of Hidden Highway, a world prime brokerage and institutional credit score community, in 2025. The deal, valued at roughly $1.25 billion, is one in every of Ripple’s largest strikes into institutional monetary markets.

Hidden Highway was based in 2018 by Marc Asch and specialised in offering prime brokerage providers to hedge funds, asset managers, proprietary buying and selling companies, and institutional traders. 

Following the acquisition, Hidden Highway was rebranded as Ripple Prime, changing into a devoted institutional-grade platform inside Ripple’s broader monetary ecosystem.

Increasing past funds 

For a lot of its historical past, Ripple has been primarily related to blockchain-based funds and the event of the XRP Ledger (XRPL). The corporate’s flagship institutional product, Ripple Funds, has targeted on serving to monetary establishments and companies transfer cash internationally utilizing blockchain expertise.

The acquisition of Hidden Highway signaled a broader technique: somewhat than solely offering cost rails, Ripple started positioning itself as a supplier of monetary infrastructure for establishments.

The platform inherited Hidden Highway’s current institutional community and infrastructure, which was constructed to assist buying and selling and financing actions throughout areas akin to digital belongings, international change, derivatives and glued revenue merchandise.

The Hedgeweek nominations acknowledge a number of elements of this mannequin, together with expertise capabilities, specialist market providers and assist for rising managers.

The “Specialist Markets” nomination is especially notable as a result of digital belongings stay a creating institutional market in contrast with conventional asset courses. 

Ripple Prime’s nominations place the corporate in competitors with established monetary market suppliers.

The popularity additionally comes at a time when institutional adoption of blockchain expertise is shifting past easy cryptocurrency publicity.

Whether or not the corporate in the end wins any of the 4 classes, the nominations present the rising presence of digital asset-focused companies.