Ripple Prime

Prime Brokerage for Institutions

One counterparty for digital and traditional markets. Trade, clear, and finance across every asset class through one counterparty, with a single collateral pool instead of capital stranded at every venue.

Why institutions choose Ripple Prime

Built for scale and efficiency

Ripple Prime is the fastest-growing non-bank prime broker, covering digital assets, FX, listed derivatives, swaps and fixed income through a single counterparty without a bank's balance sheet in the way.

Real-time cross-margining across those asset classes means you post less capital for the same exposure.

Bypass the cost of fragmentation

Facing exchanges directly means carrying their counterparty risk alone. Splitting execution across venues means splitting collateral too. Capital sits idle at each end, unable to offset exposure anywhere else.

Ripple Prime replaces both with a single relationship and a technology platform built to clear and finance, not to trade against its own clients.

The capital you don't see sitting idle

Lone risk

Lone risk

Go venue by venue and you underwrite each one yourself, no intermediary standing between you and whatever happens on the other side of the trade.

Fragmentation

Fragmentation

Every venue is its own relationship, with its own collateral requirements and its own operational overhead. Trade across ten venues, and you're managing ten of everything.

Underutilized capital

Underutilized capital

Collateral posted at one venue can't offset exposure at another, so capital sits locked up, unable to work as hard as it could.

Every asset class, one relationship

The full book

Digital assets, FX, listed derivatives, swaps, fixed income, and DeFi. All through the same relationship.

The rails

Regulated U.S. futures through CME and Nodal Clear. Direct integration with Hyperliquid for institutional-grade DeFi margin. OTC execution through ECNs.

Your call

Sponsored access, direct market access, or OTC. Whichever fits how your desk already trades.

What you can do with Prime

Clear

Clear

One clearing relationship means one settlement flow, one set of confirms, and one reconciliation, not a different back-office process for every venue you touch.

Cross-Margin

Cross-Margin

One collateral pool covers your whole book, so exposure in one asset class can offset exposure in another.

Finance

Finance

Portfolio financing and risk-based margin financing, so capital deploys across your full book instead of position by position.

Why Ripple Prime

Built without breaks

No Basel III capital constraints, no legacy silos slowing onboarding. Ripple Prime moves at the speed of a non-bank, without sacrificing regulatory rigor.

Conflict-Free execution model

Ripple Prime clears and finances. It doesn't run a proprietary desk that trades against client flow, so client positions never compete with the house's own book.

Built for both markets

Traditional finance infrastructure and Ripple's digital asset infrastructure exist in the same system by design. Institutional credibility on one side, crypto-native depth on the other.

Efficient onboarding

KYC/KYB automation and high-speed onboarding mean clients that traditional banks turn away, or take months to approve, can be trading in a fraction of the time.

One pool for every exposure

DeFi, digital assets, FX, fixed income, and cleared derivatives all margin against the same pool, so clients post less capital for the same exposure.

Collateral without borders

Post RLUSD, XRP, tokenized real-world assets, or traditional collateral. any supported asset margins and supported positions, with RLUSD accepted as collateral.

Explore what’s possible with Ripple Prime

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