TECHINASIA · 2026-11-11 02:20 UTC

Ripple Prime brokerage head to step down at year-end

Marc Asch will step down at the end of 2026 as head of Ripple Prime, Ripple's prime brokerage arm, about a year after Ripple acquired the business, formerly Hidden Road. Noel Kimmel, senior vice president of Ripple Prime, will succeed Asch, according to a Ripple spokesperson. Ripple announced the $1.25 billion acquisition in April 2025, completed it in October, and renamed the business Ripple Prime.

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