finance
Ripple Prime Integrates With EDX Markets for Institutional Trading
Ripple Prime has connected its prime brokerage platform to EDX Markets, allowing institutional clients to access spot and perpetual futures trading. RLUSD is scheduled to serve as a settlement and collateral asset in the future.
May 20, 7:42 PM·1m read1 source
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Ripple Prime has integrated its prime brokerage framework with EDX Markets, giving institutional clients access to the exchange's spot and perpetual futures liquidity. The connection allows users of Ripple Prime to trade directly on EDX Markets without leaving the prime brokerage environment.
RLUSD is planned as a future settlement and collateral asset for transactions conducted through the integrated platform.
The integration adds EDX Markets' order books to Ripple Prime's existing services for institutional participants. Clients can now execute spot trades and perpetual futures contracts while remaining within Ripple Prime's custody and settlement infrastructure. No launch date or volume targets were disclosed in the announcement.
RLUSD will be added later as a settlement currency and margin collateral option. The stablecoin's inclusion is intended to support faster settlement cycles for institutional trading activity. Further technical specifications and rollout timelines remain to be announced.
