
Ripple announced an expanded partnership with TJM Investments on December 18, strengthening its institutional services through a strategic investment and enhanced infrastructure support.
The financial technology company has invested in TJM, a FINRA-registered broker-dealer, while continuing to provide clearing and execution infrastructure through its Ripple Prime platform. The partnership builds on a long-standing relationship between the two firms focused on institutional trade execution and clearing services.
Under the expanded agreement, TJM will gain improved capital efficiency, collateral optimization, and enhanced balance-sheet support for its institutional clients. The partnership also positions TJM to expand into digital asset offerings in the coming months, targeting hedge funds, family offices, asset managers, and global investors.
"We are pleased to deepen our partnership with TJM, which reflects the shared vision and trust the principals of our businesses have cultivated for over a quarter-century," said Noel Kimmel, President of Ripple Prime.
The move comes as institutional demand for cryptocurrency services continues to grow. Traditional financial institutions have increasingly sought regulated pathways to access digital assets, creating opportunities for firms offering compliant infrastructure solutions.
Ripple Prime operates as a multi-asset prime brokerage platform serving institutional customers globally. TJM Investments and its affiliate TJM Institutional Services, an NFA-registered introducing broker, provide market access across multiple asset classes for institutional clients.
Steve Beitler, Co-Manager at TJM, emphasized the operational standards delivered through the partnership, noting that the investment provides resources needed to support growing order flow as institutions seek digital asset exposure.
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