Ripple Prime Expands Access to Real-World Asset Perpetual Swaps
- Ripple Prime now supports perpetual swaps referencing over 100 traditional financial markets, including equities, ETFs, stock indices, precious metals, energy products, and foreign exchange.
- Trading firm Virtu is among the institutional clients participating in RWA swaps through Ripple Prime’s brokerage platform.
- Eligible clients can use RLUSD, Ripple’s dollar-pegged stablecoin, as collateral and cross-margin positions across supported assets.
Ripple Prime has introduced support for real-world asset perpetual swaps to provide continuous exposure to traditional markets outside conventional trading hours. This service allows institutions to manage risk more effectively by cross-margining their swap positions against other asset classes.
The introduction of RWA swaps by Ripple Prime offers a new way for institutions like Virtu to access traditional markets continuously and manage their portfolios efficiently using RLUSD as collateral. (Source)
