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Crypto Firm Ripple Expands TJM Partnership

Crypto News

Cryptocurrency solutions company Ripple says it has expanded its partnership with broker-dealer TJM Investments.

With this collaboration, Ripple is investing in TJM and will continue to provide infrastructure to support its execution and clearing services, the companies announced Thursday (Dec. 18).

“Ripple’s multi-asset prime brokerage platform, Ripple Prime, and TJM have a long-standing relationship focused on collaboratively providing institutions high-quality trade execution, clearing, and financing,” Ripple said in a news release. “The expanded partnership with Ripple enables TJM to offer its clients improved capital and collateral efficiency as well as enhanced clearing stability and balance-sheet support.”

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