Ripple Prime opens 24/7 RWA swaps to institutions, with Virtu already trading

Virtu is already trading real-world asset perpetual swaps through Ripple Prime, which opened the product to institutions on Thursday. Over 100 markets are linked to the swaps, which keep trading even after the exchanges behind them close for the weekend. Prices track Trade.xyz perpetual futures listed on Hyperliquid Clients can take positions tied to equities, equity indices, ETFs, metals, energy and foreign exchange. Trading and settlement are 24/7. On Friday a stock exchange closes and reopens on Monday but swaps relating to its shares carry on trading on Saturday and Sunday. In its announcement Ripple said Ripple Prime is principal on every trade. The swap values are based on the perpetual futures that Trade.xyz lists on Hyperliquid, a decentralized derivatives venue. Institutions obtain Hyperliquid liquidity through their Ripple Prime account.

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