Ripple invests in FINRA-registered broker TJM in strategic partnership

Ripple announced on Dec. 18 that it has entered into a strategic partnership with TJM Investments, a securities broker registered with the U.S. Financial Industry Regulatory Authority (FINRA), and TJM Institutional Services, a broker registered with the U.S. National Futures Association (NFA). According to its official website, Ripple will invest an undisclosed amount in TJM as part of the deal and will continue to provide infrastructure to support TJM's trade execution and clearing services. Ripple's multi-asset prime brokerage platform, Ripple Prime, has reportedly been a long-term partner of TJM.