Ripple, a provider of blockchain-based enterprise solutions, has integrated Hyperliquid, a decentralized derivatives protocol, into its institutional prime brokerage platform, Ripple Prime. This integration allows institutional clients to access onchain derivatives liquidity while cross-margining decentralized finance (DeFi) exposures with other asset classes supported by Ripple Prime, including digital assets, FX, fixed income, OTC swaps, and cleared derivatives.

The collaboration aims to bridge traditional finance and decentralized markets by offering institutions access to DeFi venues within a unified prime brokerage framework. Clients can now utilize Hyperliquid liquidity while benefiting from a single counterparty relationship, centralized risk management, and consolidated margin across their entire portfolio.

Michael Higgins, International CEO, Ripple Prime, stated, “At Ripple Prime, we are excited to continue leading the way in merging decentralized finance with traditional prime brokerage services, offering direct support to trading, yield generation and a wider range of digital assets. This strategic extension of our prime brokerage platform into DeFi will enhance our clients’ access to liquidity, providing the greater efficiency and innovation that our institutional clients demand.”

Based in Road Town, British Virgin Islands, Ripple Prime’s support for Hyperliquid reflects its commitment to integrating liquidity venues across both centralized and decentralized markets. As institutional engagement in DeFi grows, Ripple Prime intends to provide scalable access to advanced trading infrastructure while maintaining the controls and capital efficiency expected from a global prime broker.

Founded in 2012, Ripple offers blockchain-based enterprise solutions across traditional and digital finance, encompassing global payments, custody, liquidity, and treasury management. The company’s stablecoin, RLUSD, and the cryptocurrency XRP underpin these solutions.