Ripple Prime head Mark Ashe to step down at year-end... Noel Kimmel named successor
Original headline리플 프라임 수장 마크 애쉬 연말 퇴임…후임에 노엘 킴멜
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Mark Asch, founder of Ripple’s institutional brokerage Ripple Prime (formerly Hidden Road), will leave the company at the end of the year, with Senior Vice President Noel Kimmel taking over the business and team. Ripple acquired Hidden Road in April 2025 for $1.25 billion and rebranded it as Ripple Prime in October 2025. The transition marks a shift from founder-led leadership to an internal executive as Ripple continues integrating the brokerage into its institutional offerings. Kimmel’s appointment signals continuity for Ripple Prime’s team and client base. What to watch next is how the leadership change affects Ripple Prime’s integration progress and its institutional brokerage operations.
Muhabbit's AI wrote this summary in its own words from TokenPost's report and translated it from Korean. It can get details wrong, so check the source.
Named in this story
Ripple Prime, Ripple (XRP), Marc Asch, Noel Kimmel, Hidden Road
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