Back to collectionRipple Prime Opens 24/7 RWA Perpetual Swaps
Ripple says institutional clients can now trade RWA perpetual swaps tied to more than 100 reference markets through Ripple Prime, with cross-margining and optional RLUSD collateral.
Ripple announced on October 15 that Ripple Prime had launched real-world-asset perpetual swaps for institutional clients. The company says clients including Virtu are trading contracts tied to more than 100 reference markets across equities, indices, exchange-traded funds, metals, energy and foreign exchange. The swaps reference perpetual futures listed by Trade.xyz on Hyperliquid and are traded through Ripple Prime as principal.
The useful development is broader round-the-clock access inside one prime-brokerage relationship: Ripple says positions can be cross-margined against other supported asset classes and RLUSD may be used as collateral where available. This does not mean clients own the referenced stocks or commodities, and Ripple disclosed no volumes, revenue or risk performance. The offering is currently available through Ripple Prime’s CIV BVI licence; expansion to other regions remains an intention.