diff --git a/entities/internet-finance/ripple-prime.md b/entities/internet-finance/ripple-prime.md new file mode 100644 index 000000000..1ce15bdc3 --- /dev/null +++ b/entities/internet-finance/ripple-prime.md @@ -0,0 +1,25 @@ +--- +type: entity +entity_type: company +name: Ripple Prime +domain: internet-finance +status: active +founded: [unknown] +headquarters: [unknown] +website: [unknown] +--- + +# Ripple Prime + +## Overview + +Ripple Prime is an institutional prime brokerage service that provides traditional financial institutions with access to on-chain derivatives markets. The service maintains compliance and relationship infrastructure of traditional prime brokerage while routing institutional flow to decentralized platforms. + +## Business Model + +Ripple Prime acts as a single counterparty for institutional clients accessing on-chain perpetual markets, eliminating the need for institutions to directly interact with DeFi protocols while maintaining regulatory compliance frameworks. + +## Timeline + +- **2026-02-04** — Launched Hyperliquid integration for equity and crypto perpetuals, providing institutional access to on-chain derivatives +- **2026-04-07** — Expanded Hyperliquid integration to commodity perpetuals (gold, silver, oil), citing Hyperliquid's $5B+ open interest and $200B+ monthly volume as justification for institutional access expansion \ No newline at end of file