Ripple XRP Sees Institutional Push as 24/7 Perpetual Swaps Launched

Expansion of Institutional Trading Business

The company behind XRP and RLUSD has expanded its institutional trading business again, launching support for real-world asset perpetual swaps through its prime brokerage, Ripple Prime.

Benefits of 24/7 Perpetual Swaps

The offering allows clients exposure to more than 100 reference markets 24/7, spanning stocks, ETFs, metals, energy, currencies, and other traditional assets. Ripple Prime Goes Further The official announcement published by Ripple earlier today states that its prime brokerage will offer the swaps as principal and reference perpetual futures listed by trade.xyz on Hyperliquid.

Key Features of Ripple Prime

Unlike traditional stock and commodity markets, which operate during fixed hours, Ripple’s alternatives can trade continuously, including weekends. The company argued that this gives institutions far greater flexibility to react to market developments and manage risk outside normal exchange sessions. “Institutions want exposure to equities, commodities, and currencies with the round-the-clock access and efficiencies of digital infrastructure. Ripple Prime was built to operate in both worlds, with deep experience clearing trades and managing digital collateral and risk across venues, 24/7.

Cross-Margining and Risk Management

Clients can also cross-margin their RWA swap positions against other asset classes supported by Ripple Prime, while RLUSD can be used as collateral for trades. This allows institutions to manage multiple exposures through one counterparty and consolidate margin and risk management across their portfolios.

Ripple’s Wall Street Expansion Grows

Earlier this month, CryptoPotato reported that Ripple Prime expanded its relationship with Brevan Howard, providing the investment giant with multi-asset prime brokerage, clearing, and financial services. Ripple has also moved into leveraged ETF swap financing, a market historically dominated by large banks.

Conclusion

Ripple’s acquisition of Hidden Road last year for $1.25 billion, which it later rebranded as Ripple Prime, has been a key factor in its growing institutional presence. This expansion builds on Ripple’s major acquisition and its increasing relationships with major financial institutions.