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Ripple Introduces Real-World Asset Perpetual Swaps for Institutional Clients
Ripple, a prominent provider of blockchain solutions, has announced the launch of Ripple Prime, which now supports real-world asset (RWA) perpetual swaps. This new offering allows institutional clients to engage in trading RWA swaps across a diverse range of over 100 reference markets, including equities, equity indices, exchange-traded funds (ETFs), metals, energy, and foreign exchange (FX).
The perpetual swaps can be traded and settled around the clock, providing flexibility and accessibility for institutions. Among the initial clients utilizing this service is Virtu, a well-known trading firm. This development marks a significant step for Ripple as it expands its services to meet the growing demand for innovative financial products in both traditional and digital finance sectors.
Source: KLEA News