Ripple is expanding its institutional trading business into U.S. equities, launching a Delta One service that brings stock, index and digital ******* et derivatives onto the same prime brokerage platform.
Ripple Prime said the business is live and will let clients execute total return swaps tied to U.S. listed equities, indices and digital ******* ets. The structure gives hedge funds, ******* et managers and other financial firms economic exposure to those markets without requiring direct ownership of the underlying securities.
The offering extends Ripple Prime beyond its existing foreign exchange, fixed income, derivatives and digital ******* et services. Clients can use a single counterparty relationship while cross-margining exposures across supported ******* et classes around the clock, bringing traditional market products closer to the 24/7 infrastructure already common in crypto.
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Ripple Prime said the business is live and will let clients execute total return swaps tied to U.S. listed equities, indices and digital ******* ets. The structure gives hedge funds, ******* et managers and other financial firms economic exposure to those markets without requiring direct ownership of the underlying securities.
The offering extends Ripple Prime beyond its existing foreign exchange, fixed income, derivatives and digital ******* et services. Clients can use a single counterparty relationship while cross-margining exposures across supported ******* et classes around the clock, bringing traditional market products closer to the 24/7 infrastructure already common in crypto.
More From Cryptoprowl:
Bernstein Forecasts Bitcoin Will Reach $150,000 By Mid-2027
#business #derivatives
5 days ago
