Ripple Prime Expands Into US Equity Derivatives With New Delta One Service

TL;DR

• Ripple Prime launched a Delta One service giving institutional clients total return swap exposure to U.S.-listed equities, indexes and digital assets through one counterparty.
• The expansion builds on Ripple Prime’s existing foreign exchange, derivatives, fixed-income and digital-asset services, plus more than $1 billion in regulatory net capital.
• Ripple Prime also recently raised $275 million through senior unsecured notes and secured a $200 million debt facility to expand institutional lending capacity.

Ripple Prime has launched a Delta One service for institutional investors, expanding its multi-asset prime brokerage further into U.S. equity derivatives. The offering gives clients access to total return swaps linked to U.S.-listed equities, indexes and digital assets without requiring ownership of the underlying instruments. The central shift is Ripple Prime’s move from crypto-focused infrastructure toward a broader institutional trading platform spanning traditional and digital markets. Ripple says hedge funds, asset managers and other financial institutions can use a single counterparty while cross-margining exposures across supported asset classes around the clock.

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