Ripple has expanded its institutional offering by enabling BTC options trading through Bullish for Ripple Prime clients.
The integration allows institutions to trade bitcoin options while using RLUSD as collateral, alongside access to spot, futures and perpetual markets.
“Bullish and Ripple Prime have been longtime partners, offering Ripple’s institutional clients access to robust derivatives markets,”
Said Mike Higgins, international CEO at Ripple Prime.
The rollout gives users faster execution by enabling trading through existing sub-accounts without additional KYC requirements, streamlining access to derivatives markets.
Bullish said its BTC options platform ranks among the largest globally by open interest, positioning the integration as a major expansion of institutional trading infrastructure.
The firms also plan to introduce cross-venue margining, allowing institutions to manage collateral across exchanges and improve capital efficiency.
The move reflects growing institutional demand for regulated crypto derivatives, as platforms compete to offer more integrated and flexible trading solutions.
At the time of reporting, Bitcoin price was $75,726.43.