Ripple Prime, the prime brokerage arm of Ripple, launched a Delta One business on August 27, enabling institutional clients to trade total return swaps on US-listed equities, equity indices, and digital assets. This offering puts Ripple in direct competition with the Delta One desks of Goldman Sachs, JPMorgan, and other Wall Street heavyweights. Ripple Prime resulted from the $1.25 billion acquisition of Hidden Road, completed in October 2025, which gave the crypto-native company an operational prime brokerage in traditional finance. The platform holds over $1 billion in regulatory net capital and offers 24/7 cross-margining between traditional and digital asset positions, without requiring clients to hold cryptocurrencies directly.
Source: Read the original article
