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Ripple Integrates Hyperliquid into Prime Brokerage Platform in First DeFi Move

Ripple Integrates Hyperliquid into Prime Brokerage Platform in First DeFi Move

Ripple has expanded its institutional offering by adding HyperLiquid’s decentralized derivatives to its Prime platform, advancing its strategy to merge traditional finance with decentralized markets.

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Summary

Ripple’s institutional brokerage arm has integrated HyperLiquid, a decentralized derivatives exchange, into its Prime platform. This addition provides institutional clients access to decentralized derivatives markets directly through Ripple Prime, complementing its existing suite of FX, fixed income, OTC swaps, and cleared derivatives. The move reflects Ripple’s evolving strategy to incorporate DeFi capabilities within a regulated institutional environment.

Terms & Concepts
  • Prime Brokerage Platform: A service platform for institutional clients that provides a range of financial services including trade execution, custody, and liquidity access.
  • DeFi (Decentralized Finance): A blockchain-based financial system that operates without traditional intermediaries such as banks, using smart contracts for transactions.
  • Derivatives Liquidity: The availability of tradable financial contracts, such as futures or options, that derive their value from an underlying asset.