Ripple Prime Adds RWA Perpetuals via Trade xyz on Hyperliquid for Institutions

According to Bloomberg, Ripple’s institutional brokerage unit, Ripple Prime, has launched real-world asset (RWA) perpetual contracts for institutional clients through Trade xyz on Hyperliquid. The offering covers more than 100 reference markets, including stocks, indexes, ETFs and commodities, and supports cross-margining. Over the past year, open interest in RWA perpetual contracts across major trading venues has risen from nearly zero to $9 billion. — link