Ripple said it deepened its relationship with brokerage firm TJM Investments, purchasing a minority stake that takes it beyond the behind-the-scenes infrastructure that institutions use to trade and settle assets.
Ripple will support the trading and clearing operations of TJM, a US-regulated broker-dealer, as part of the deal. The companies did not disclose financial terms.
The relationship is based on Ripple’s institutional platform, Ripple Prime, which provides trading, financial and collateral tools to hedge funds, asset managers and family offices. TJM plans to use the connection to offer digital asset trading to clients in the coming months.
Rather than running an exchange or pushing new tokens, Ripple has positioned itself as a service provider for businesses that already operate within traditional financial rules.
That approach is gaining traction as volatility, regulation and past currency failures have made institutions more cautious about where and how they trade cryptocurrencies.
For large investors, the appeal is not so much the search for yield as it is access to familiar market structures, regulated intermediaries and predictable settlements.
Deals like this reflect that shift, with cryptocurrency exposure increasingly flowing through top-tier brokers and platforms rather than offshore locations.
Ripple Prime has been developing over the past year, aiming to mirror traditional prime brokerage services with a service tailored for digital assets. TJM’s investment reinforces that strategy, suggesting Ripple is banking on long-term institutional positioning rather than short-term trading hype.
