Ripple Prime adds RWA swaps referencing perpetual futures listed on Hyperliquid
Ripple Prime has launched institutional-grade perpetual swaps for real-world assets, enabling 24/7 trading across more than 100 markets including equities, ETFs, metals, and energy. These derivative contracts reference perpetual futures listed by Trade.xyz on the Hyperliquid blockchain, allowing institutional participants to gain exposure to traditional financial assets without expiration dates. Market maker Virtu has already begun utilizing these products, highlighting the growing institutional demand for round-the-clock cross-margining capabilities. By integrating Ripple’s RLUSD stablecoin as collateral, the platform aims to streamline capital efficiency for institutional clients managing diverse portfolios. The service operates under Ripple Prime’s CIV BVI license, with plans to expand into additional jurisdictions in the future. This development marks a significant step in bridging traditional financial markets with decentralized derivatives infrastructure. It underscores the broader industry trend of utilizing blockchain-based venues to provide continuous liquidity and unified risk management for institutional investors.