Huge Announcement from Ripple! “Ripple Integrates with a Surprise Altcoin!” – A First!

According to the official announcement, Ripple has announced it will add Hyperliquid (HYPE) to Ripple Prime, its main brokerage platform for institutional investors.

According to an official statement from Ripple, Ripple Prime will be adding Hyperliquid to its list of supported platforms.

Ripple Prime is a platform that allows clients to manage their positions across different exchanges under a single risk and collateral framework, instead of managing them separately on each platform.

This integration will allow Ripple Prime customers to access Hyperliquid’s on-chain derivatives market, and customers will also be able to manage their investment positions in other assets such as currencies and bonds within the same platform.

The Hyperliquid integration also makes Ripple Prime its “first DeFi platform”.

Ripple’s move comes at a time when institutional investors’ participation in DeFi markets continues to grow, and firms are increasingly seeking access to on-chain platforms through structures that resemble traditional brokerage services.

Ripple Prime Global CEO Michael Higgins said: “This integration will allow us to combine DeFi with our core brokerage services and provide direct support for a wider range of digital assets. By strategically expanding our services to DeFi, we can improve customer access and further strengthen the efficiency that institutions need.”

*This is not investment advice.