Ripple Prime Integrates EDX Markets for Spot and Perpetual Futures Access

Ripple says institutional clients using Ripple Prime (its prime brokerage platform) can access EDX Markets liquidity for spot trading and perpetual futures (crypto derivatives without expiry), with RLUSD planned for future settlement and collateral use.

Summary

Ripple announced that Ripple Prime (its prime brokerage platform) has integrated with EDX Markets, enabling institutional clients to access the venue’s spot and perpetual futures (crypto derivatives without expiry) liquidity through Ripple’s framework. The company also said RLUSD is planned as a future settlement and collateral asset. The update points to a broader push to connect institutional digital-asset trading, financing, and execution tools in one service, while extending the potential use cases of Ripple’s stablecoin in market infrastructure.

Terms & Concepts
  • Prime brokerage: A bundled trading service that can include execution, custody, financing, and settlement for institutional clients.
  • Perpetual futures: Crypto derivatives contracts with no expiration date, commonly used for leveraged trading and hedging.
  • Collateral: Assets pledged to secure trading positions or obligations, helping manage counterparty and credit risk.