Ripple Prime and Bullish Expand BTC Options for Institutions
- Ripple Prime clients can now trade BTC options on Bullish using Ripple USD (RLUSD).
- Institutional users benefit from faster execution via existing sub-accounts without additional KYC requirements.
- Bullish’s BTC options market is the second-largest by open interest among crypto-settled bitcoin options.
- Cross-venue margin support aims to enhance collateral efficiency across trading platforms.
The integration between Ripple Prime and Bullish allows institutional clients to access a regulated options market, enhancing their trading toolkit with BTC options alongside spot, perpetuals, and dated futures. This development highlights the growing demand for streamlined access to digital asset derivatives without extra onboarding hurdles.
By enabling RLUSD in BTC options trading and improving cross-venue collateral management, institutions can deploy capital more efficiently while maintaining exposure to regulated markets. (Source)
