Ripple Prime expands into US equity derivatives

• Ripple Prime has launched a Delta One service for institutional investors in US equity derivatives.
• The service offers total return swaps linked to US-listed equities, indexes and digital assets.
• Ripple said clients can use one counterparty and cross-margin supported exposures around the clock.

Ripple (CRYPTO:XRP) Prime has launched a Delta One service for institutions, expanding into US equity derivatives.

The service offers total return swaps linked to US-listed equities, indexes and digital assets without requiring direct ownership.

“The launch of our Delta One business is an important development for Ripple Prime and a natural extension of the platform we’ve built,” said Ripple Prime President Noel Kimmel.

The service targets hedge funds, asset managers and other financial institutions, according to Ripple.

Ripple said clients can use one counterparty and cross-margin exposures across supported assets around the clock.

Ripple Prime already offers brokerage, clearing and financing across foreign exchange, derivatives, fixed income and digital assets.

The business has more than US$1 billion in regulatory net capital, while Ripple acquired Hidden Road for US$1.25 billion in October 2025.