Ripple Prime enabled institutional perpetual swaps across more than 100 traditional benchmark markets on October 15, 2026. The operation acts as principal and references Trade.xyz contracts executed on the decentralized protocol Hyperliquid. The service operates under a Credit Intermediation Vehicle license in the British Virgin Islands with continuous cross-margining.
The Oct. 15 UTC candle touched $1.2856. September CPI rose 3.7% year over year, up from 3.4% in August.
Cross River Bank has signed an agreement with Ripple to connect its stablecoin, RLUSD, to its banking services on the XRP Ledger. The collaboration will enable fintech companies to use blockchain payments, cross-border transfers, and settlement services via a single banking platform.
Ripple has expanded its institutional prime brokerage services to support 24/7 trading of real-world asset (RWA) perpetual swaps across more than 100 markets. Ripple Prime now supports RWA swaps linked to equities, equity indices, ETFs, metals, energy and forex markets, allowing institutions to manage exposure beyond traditional exchange hours.
Not all on-chain metrics are rosy, but several key ones flash a strong traction towards forming a local bottom.
XRP is approaching a key technical inflection point after weeks of declining price action erased much of its August recovery. Trading around $1.30, the asset is testing an important support zone on both the daily and 4-hour charts.
The offering spans more than 100 reference markets and supports cross-margining. The swaps reference perpetual futures listed by Trade.xyz on Hyperliquid.
Ripple has opened the door for institutional traders to gain around-the-clock exposure to more than 100 traditional financial markets—including stocks, oil, gold, and currencies—through perpetual swaps that keep trading even when Wall Street closes for the weekend.
The cumulative netflow just surpassed $1.80 billion, but the milestone doesn't add up when you look at XRP's price.
The company is pushing deeper into the territory traditionally dominated by Wall Street prime brokers.
XRP price has fallen toward $1.31 as daily momentum weakens, while analyst Ali Martinez sees a possible test of $1.25 before a rebound toward $1.42 or $1.60. TradingView's Binance XRP/USDT charts placed the token around $1.317–$1.318 on Oct.
Ripple Prime's 24/7 perpetual swaps could revolutionize institutional trading by enhancing liquidity access and risk management beyond traditional hours. Ripple Prime launches 24/7 perpetual swaps on traditional assets for institutions.