Ripple Prime Unveils Delta One Trading Desk for Institutional Clients
Ripple Prime has expanded its institutional brokerage division into traditional finance by launching a delta one trading desk. This new platform allows institutions to trade total return swaps across US equities, stock indexes, and digital assets.
The delta one platform is designed for hedge funds, ETF providers, and market makers, providing them with access to a unified counterparty structure. Ripple Prime maintains more than $1 billion in regulatory net capital, supported by a $275 million note placement and $200 million credit facility.
XRP prices surged nearly 5% over the past 24 hours, reaching $1.43, while trading volume climbed 8%. Spot XRP exchange-traded funds attracted $28.14 million in net inflows on Wednesday, marking the highest daily influx in over seven months.