By Farah Ashraf Kamal

Across 81 events today, ownership and operational restructures drove the tape. Hidden Road Partners replaced its parent entity with a Ripple-linked holding company, confirming the crypto firm's push into traditional clearing infrastructure. IMC Financial Markets installed a single CFO across three entities in a consolidation play. Capella Securities lost both its FINOP and CCO in the same cycle, and its CEO absorbed compliance. Summit Securities swapped its COO and added a Chief Risk Officer. Three RIAs graduated to SEC registration.