Ripple opens Wall Street’s door to Hyperliquid’s $59 billion trading market
Institutions trade swaps referencing more than 100 traditional financial markets around the clock, with Ripple Prime as the principal counterparty, Ripple announced on Oct. 15. The swaps cover stocks, equity indices, ETFs, metals, energy and foreign exchange, and they reference perpetual contracts that Trade.xyz lists on Hyperliquid. The structure offered by Ripple Ripple offers consolidated……
Ripple announced on Oct. 15 that its prime brokerage arm will act as principal counterparty for institutional swaps referencing over 100 traditional markets, including stocks, ETFs, metals, energy and FX, all tied to perpetual contracts listed by Trade.xyz on Hyperliquid. The move opens Wall Street-style access to Hyperliquid's roughly $59 billion trading market and deepens Ripple's institutional footprint. Traders would read this as a credibility boost for both XRP's institutional strategy and Hyperliquid's HYPE token, though near-term price impact depends on actual volume adoption.
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