Ripple Prime Adds 24/7 Swaps Tracking Traditional Markets
Edited by Steinar Vigdel Kolnes, Editor, Oslo
Ripple says its institutional brokerage now offers perpetual swaps providing round-the-clock exposure to more than 100 traditional financial markets.
Ripple announced Thursday that Ripple Prime, its institutional brokerage division, has introduced perpetual swaps tied to real-world assets for institutional traders.
The offering provides exposure to more than 100 traditional financial markets, spanning stocks, oil, gold and currencies, according to the announcement.
The contracts trade around the clock, including weekends when traditional exchanges are closed, allowing institutions to access that market exposure outside regular trading hours.
Source: Bitcoin.com News
