Ripple has expanded its institutional brokerage business into equities with the formal launch of a Delta One offering under Ripple Prime. The move marks the company’s first direct step into stock trading and broadens its reach beyond digital-asset services for institutional clients. According to Noel Kimmel, president of Ripple Prime, the new business allows investors to execute total return swaps tied to U.S.-listed equities, indexes, and digital assets. The product is aimed at institutional participants including hedge funds, market makers, and ETF issuers. Reported by Bloomberg and cited by Odaily, the launch shows Ripple extending its product set from crypto-focused services into a structure that spans both traditional finance and digital assets. Through Delta One, Ripple Prime is positioning itself as a venue for institutions seeking integrated exposure across equities, indexes, and crypto-linked markets.
Ripple’s institutional brokerage arm, Ripple Prime, has formally launched a Delta One business, marking its first expansion into stock trading and widening its service offering for institutional investors across traditional finance and digital assets.
Noel Kimmel, president of Ripple Prime, said the new business allows investors to execute total return swaps tied to U.S.-listed equities, indexes, and digital assets. The offering is aimed at institutional clients including hedge funds, market makers, and ETF issuers.
The launch shows Ripple extending beyond crypto-asset services and moving deeper into traditional financial markets. Through the Delta One product, Ripple Prime is seeking to provide institutions with an integrated trading channel covering equities, indexes, and digital assets, strengthening its position at the intersection of digital-asset markets and conventional capital markets.
The report was cited from Bloomberg.
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