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.

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