Hidden Road Goes Live on NSCC, Paving a Path for XRP

Ripple Prime, formerly Hidden Road, was added to the National Securities Clearing Corporation directory on March 2, 2026, the DTCC confirmed. Ripple first announced its intent to acquire Hidden Road in April 2025 and completed the $1.25 billion deal in October, rebranding the firm as Ripple Prime.

CTO Emeritus David Schwartz said the DTCC’s use of the old name likely reflects that the initiative was in development before the acquisition was finalized and some regulatory approvals were still pending. The NSCC provides centralized clearing, settlement, risk management and central counterparty services for broker-to-broker trades.

Inclusion in the NSCC MPID directory gives a firm direct operational standing within post-trade workflows used by traditional financial institutions.

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