Ripple Prime adds RWA-linked perpetual swaps for institutional clients

Ripple Prime, Ripple’s prime brokerage unit, will support trading in more than 100 tokenized real-world asset-linked perpetual swaps for institutional clients, Bloomberg reported. The products will be offered through Hyperliquid-based trading platform Trade.xyz and cover assets including stocks, indices, ETFs and commodities. Ripple Prime also supports cross-margining, allowing account funds to be shared across multiple positions. Separately, open interest in RWA-linked perpetual contracts across major trading platforms has risen over the past year to $9 billion from a level close to zero.

Source: Coinness