Ripple Prime launches 24/7 real-world asset swaps for institutional clients

Ripple Prime, the institutional division of XRP issuer Ripple, launched 24/7 perpetual swaps tied to over 100 real-world assets on October 15, 2026. Operating through Trade.xyz on Hyperliquid, the service offers institutional clients cross-margining across stocks, ETFs, and commodities. Global CEO Michael Higgins highlighted focus on capital efficiency and regulatory compliance as open interest in RWA perpetual swaps reaches $9 billion.

Ripple Prime launches RWA perpetual swaps

• ▪The perpetual swap product launched by Ripple Prime on October 15, 2026, references more than 100 underlying real-world asset markets, including stocks, indexes, ETFs, and commodities.
• ▪Ripple Prime Global CEO Michael Higgins stated that the product gives institutions another source of liquidity built on regulated infrastructure and focused on anti-money laundering standards.
• ▪Ripple Prime, the institutional unit of XRP issuer Ripple, launched 24/7 perpetual swap contracts tied to real-world assets for institutional clients on October 15, 2026.

Partnership with Trade.xyz and Hyperliquid

• ▪Ripple Prime's institutional perpetual swap offering operates through Trade.xyz, an exchange built on Hyperliquid for real-world asset-linked perpetual futures.
• ▪The collaboration between Ripple Prime and Trade.xyz on Hyperliquid enables 24/7 access and settlement for Real World Asset swaps across multiple asset classes.