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Ripple Expands Access to Perpetual Futures

Ripple is expanding its reach in the traditional finance space by opening up access to perpetual futures for institutional investors. Ripple Prime, its prime brokerage arm, is launching the new service that will give institutions access to over 100 markets, including equities, stock indexes, ETFs, and commodities. The new offerings come at a time of explosive growth in perp contracts on real-world assets, with open interest across several major platforms jumping from near zero to around $9 billion in the last year.

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