Ripple Prime head Marc Asch steps down; Noel Kimmel named successor
Marc Asch is leaving his role as head of Ripple Prime, the institutional prime brokerage. Noel Kimmel has been named as his replacement. The news is a leadership change, and no direct market move was reported.
Why it matters
- Ripple Prime is an institutional prime brokerage, so the change affects its top leadership.
- Leadership changes can shape a firm's direction, but no new strategy was announced.
- Traders may want to see whether the handover affects the firm's services or activity.
What to watch next
Watch for any official statement from Ripple on the leadership handover and any changes to Ripple Prime's operations.
