Ripple’s move is pretty interesting. Prime has launched perpetual contracts on more than 100 traditional assets, covering stocks, ETFs, commodities, and forex, all anchored to the order books on Trade.xyz on Hyperliquid. Put simply, it’s using on-chain liquidity to break into traditional financial markets, with settlement and trading entirely on crypto rails. If this really takes off, Ripple’s institutional story will be about more than just payments—its RWA business will need to be revalued.

$XRP #Ripple