Ripple Prime Enters Equity Derivatives Market with Delta One Launch
Ripple Prime has expanded its institutional offerings by launching Delta One, a platform for US equity derivatives trading. The new service went live on August 27, 2026, and offers total return swaps tied to U.S.-listed equities, stock indexes, and digital assets.
Institutional clients can access these exposures through one brokerage relationship, combining supported equity, index, and crypto exposures within the same platform. Ripple Prime supports cross-margining across approved asset classes, which can reduce duplicated collateral when institutions hold related positions across different markets.
The Delta One business enters the market with more than $1 billion in regulatory net capital, alongside new debt financing raised during 2026. The company secured a $200 million debt facility from funds managed by Neuberger Specialty Finance and closed a $275 million private placement of senior unsecured notes.