Ripple Expands Institutional Trading Push With TJM Partnership
Ripple has taken a minority stake in TJM Investments, a US-regulated broker-dealer, to support its trading and clearing operations. This partnership aims to offer digital asset trading to TJM clients in the coming months, building on Ripple Prime and adhering to traditional financial regulations.
Financial terms of the deal were not disclosed. The move reflects a broader trend of managing crypto exposure through regulated brokers and platforms rather than offshore venues, emphasizing familiar market structures and predictable settlement.
Ripple Prime provides trading, financing, and collateral tools, and the TJM deal reinforces Ripple's long-term institutional positioning rather than short-term hype. Ripple positions itself as a service provider operating within traditional financial rules, not as an exchange.
