Ripple has expanded its institutional trading services through Ripple Prime, offering round-the-clock perpetual swaps linked to real-world assets. The service covers more than 100 markets, including stocks, exchange-traded funds (ETFs), metals, energy and currencies.
Announced on October 15, the offering gives institutions access to reference perpetual futures listed by trade.xyz on Hyperliquid. Clients can trade beyond traditional market hours, including weekends.
Ripple Prime Adds Cross-Asset Trading
Ripple Prime will act as principal in the trades, allowing institutional clients to access the swaps through its brokerage services. Eligible clients can also use cross-margining to offset risk across asset classes and post Ripple’s $RLUSD stablecoin as collateral.
coinedition.com