Ripple Prime launches RWA perpetual swap product

Ripple Prime launches RWA perpetual swap product, providing institutional clients with coverage of individual stocks, stock indices ETF、 Trading in over 100 markets including metals, energy, and foreign exchange. This product was traded by Ripple Prime as a counterparty, with pricing based on Hyperliquid perpetual contracts, and does not involve physical delivery. Customers can cross margin their positions with other assets on the platform, and eligible customers can use RLUSD as collateral. Market maker Virtu is one of the early users. This business is currently provided under a British Virgin Islands license.