1 month ago
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The service moves Ripple further into equity derivatives. Clients receive the economic performance of the referenced assets through privately negotiated contracts, but the transactions do not transfer ownership of the underlying shares.
Key Takeaways
- Funds gain synthetic exposure through total return swaps.
- The service covers equities, indices and digital assets.
- Clients can cross-margin through one counterparty.
- Ripple Prime reports $1 billion-plus in regulatory net capital.
- No XRP, RLUSD or XRPL role was confirmed.
Ripple Prime adds US equity swaps
According to Ripple’s official announcement, Delta One is live and available to hedge funds, asset managers and other financial institutions.
The brokerage will provide execution, clearing and financing alongside its existing services across foreign exchange, fixed income, derivatives and ...
English (US)