Ripple said it deepened its relationship with brokerage firm TJM Investments by buying a minority stake that takes it further into the behind-the-scenes infrastructure that institutions use to trade and settle assets.
Ripple will support trading and clearing of TJM, a US-regulated broker-dealer, as part of the arrangement. The companies have not disclosed financial terms.
The relationship builds on Ripple’s institutional platform, Ripple Prime, which provides trading, financing and security tools for hedge funds, asset managers and family offices. TJM plans to use the connection to offer digital asset trading to clients in the coming months.
Instead of running an exchange or pushing new tokens, Ripple has positioned itself as a service provider for firms that already operate within traditional financial rules.
This approach is gaining traction as volatility, regulation and past exchange failures have made institutions more cautious about where and how they trade crypto.
For large investors, the appeal is less about chasing returns and more about access to familiar market structures, regulated intermediaries and predictable settlement.
Deals like this reflect this shift, with crypto exposure increasingly flowing through prime-style brokers and platforms rather than offshore venues.
Ripple Prime has been building over the past year with the aim of mirroring traditional prime brokerage services with a service tailored to digital assets. The TJM investment reinforces this strategy, suggesting that Ripple is banking on long-term institutional positioning rather than short-term trading hype.
