Update
Ripple Prime Extends Institutional Trading Reach
Ripple Prime, Ripple’s institutional brokerage, has introduced access to perpetual derivatives referencing traditional assets through infrastructure connected to Hyperliquid. This service extends Ripple’s reach beyond cryptocurrency payments and deepens its involvement in institutional trading. The integration involves Trade.xyz, which operates trading infrastructure connected to Hyperliquid. Participants must satisfy eligibility requirements and leverage derivatives can create substantial losses.