Ripple Prime Expands Delta One Trading to Traditional Finance

Ripple Prime, the institutional brokerage division of Ripple, has launched a delta one trading operation that allows institutional investors to access US equities, market indexes, and cryptocurrency assets through a unified platform.

The platform enables clients to trade total return swaps, providing full economic exposure to underlying assets without requiring direct ownership. The service targets hedge funds, institutional asset managers, ETF creators, and professional market makers.

Ripple Prime's operations focus exclusively on clearing and financing services, separating delta one activities from market-making or proprietary trading operations.

The company maintains regulatory net capital exceeding $1 billion, which will fund expansion of personnel and technological infrastructure. This move is seen as a logical progression for the platform, addressing institutional clients' requests for consolidated cross-asset access through a single counterparty relationship.