Hidden Road opens OTC crypto swap trading for American institutions.

Hidden Road – the prime brokerage platform recently acquired by Ripple – has launched a cash-settled crypto OTC swap trading service for institutions in America.

This service allows clients in America to conduct OTC trades for the exchange of various tokens, through the entity Hidden Road in the UK ( regulated by the FCA ). This is a step to expand Ripple's global presence as a broker of non-bank digital assets.