Ripple Prime expands into US equity derivatives with Delta One business
Institutional clients can access total return swaps across linked to US-listed equities, indexes and digital assets and cross-margin exposures.
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.
