Ripple Prime, Ripple’s multi-asset prime brokerage business, launched a Delta One service for institutional investors, expanding into US equity derivatives.The offering allows clients to execute total return swaps linked to US-listed equities, indexes and digital assets, Ripple said in a Thursday announcement.Total return swaps provide exposure to an asset’s returns without requiring ownership of the underlying asset. The service targets hedge funds, asset managers and other financial institutions. Ripple said clients can use a single counterparty and cross-margin exposures across the supported asset classes around the clock.“The launch of our Delta One business is an important development for Ripple Prime…

AI & Crypto

Read More

Politics

Don't Miss!