Hidden Road Partners
ClosedGlobal multi-asset prime brokerage
New York, United States · Founded 2018 · $50.0M raised
- Headquarters
- New York, New York
- Employees
- 51–200
- Founded
- 2018
- Business Model
- B2B
- Total Funding
- $50.0M
- Last Round
- $50.0M Series AJul 2022
- Rounds
- 1
About
Hidden Road Partners was the global credit network for institutions, providing technology-led prime brokerage, clearing, and financing across foreign exchange, digital assets, derivatives, swaps, and fixed income repo. Founded in 2018 by Marc Asch, a former SAC Capital and Point72 executive, the firm grew to serve 300+ institutional clients and clear over $3 trillion annually. Ripple acquired Hidden Road for $1.25 billion in a deal that closed in October 2025, folding the firm into Ripple Prime.
Summary
Hidden Road Partners is a Crypto & Web3 company based in New York, United States, founded in 2018. It has raised $50.0M in total across 1 round, most recently a $50.0M Series A round in Jul 2022. Investors include Castle Island Ventures, Citadel Securities and FTX Ventures.
Funding History
Jul 2022
Investors
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