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Ripple opens Wall Street’s door to Hyperliquid’s $59 billion trading market

CryptoSlate
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Ripple opens Wall Street’s door to Hyperliquid’s $59 billion trading market

Institutions trade swaps referencing more than 100 traditional financial markets around the clock, with Ripple Prime as the principal counterparty, Ripple announced on Oct. 15. The swaps cover stocks, equity indices, ETFs, metals, energy and foreign exchange, and they reference perpetual contracts that Trade.xyz lists on Hyperliquid. The structure offered by Ripple Ripple offers consolidated… Read the full story on CryptoSlate Understand the crypto stories that matter and what to watch next. Get The Catalyst in your inbox

Key Takeaways

  1. Institutions trade swaps referencing more than 100 traditional financial markets around the clock, with Ripple Prime as the principal counterparty, Ripple announced on Oct.
  2. The swaps cover stocks, equity indices, ETFs, metals, energy and foreign exchange, and they reference perpetual contracts that Trade.xyz lists on Hyperliquid.
  3. The structure offered by Ripple Ripple offers consolidated… Read the full story on CryptoSlate Understand the crypto stories that matter and what to watch next.
Read Full Article on CryptoSlate

Summary generated by IndiCrypto from CryptoSlate. IndiCrypto is a news aggregator and does not provide investment advice. Read the original article for full context.