Ripple Prime Brings 24/7 Swaps to Traditional Assets

3 hours ago 5

Key Takeaways

Ripple Prime offers 24/7 swaps linked to over 100 traditional markets.
Clients trade derivatives, without owning the underlying assets.
The swaps reference Trade.xyz perpetuals listed on Hyperliquid.
Cross-margining and RLUSD collateral are available, subject to eligibility.
The launch operates through Ripple Prime’s BVI offering.

The October 15 launch covers more than 100 reference markets, including equities, indices, exchange-traded funds, metals, energy and foreign exchange. Ripple names market maker Virtu among clients already trading the products.

The offering is currently available through Ripple Prime’s British Virgin Islands licensing framework. Ripple plans additional regions, but the announcement does not establish general availability to US institutions or retail investors.