Ripple Prime Becomes Self-Clearing Member of DTCC

Ripple Prime has become a self-clearing member of the Depository Trust & Clearing Corporation (DTCC), marking a significant milestone in its integration into institutional finance. The DTCC revealed this in an operational notice on June 18, with Ripple Prime's first trade date being June 26, 2026.

The firm was previously known as Hidden Road Partners CIV US LLC and was acquired by Ripple for $1.25 billion before rebranding. It now holds direct membership in the NSCC clearing system, serving as both the clearing broker and executing broker for its OTC trades.

Ripple Prime's integration into DTCC infrastructure has been a year in the making, with its first trade date for OTC Comparison, Obligation Warehouse, and ACATS services dating back to June 26, 2025. This development is seen as a key step towards Ripple's goal of migrating post-trade activity to the XRP Ledger (XRPL).

Ripple Prime's presence within DTCC infrastructure also connects to its participation in the DTCC tokenization initiative, which explores how blockchain technology can modernize post-trade processes in traditional securities markets.