The move further bridges traditional finance (TradFi) exposure with decentralized finance (DeFi) infrastructure, making it possible for institutions to trade real-world assets on-chain.
The move further bridges traditional finance exposure with decentralized finance infrastructure, making it possible for institutions to trade real-world assets on-chain.According to Ripple Prime CEO Mike Higgins, the update adds support for"HIP-3 symbols.
" This will unlock support for access to decentralized derivatives tied to gold, silver, and oil. Ripple Prime has made it possible for institutional clients to gain exposure to legacy commodities directly through blockchain-based perpetual contracts.They can avoid the operational complexities of managing separate Web3 wallets, fragmented collateral, or direct smart contract interactions. Ripple Prime initially integrated with Hyperliquid back in February 2026. During that initial phase, it became the sole counterparty for its clients to access Hyperliquid’s deep on-chain crypto liquidity. Institutional users can offset their decentralized derivatives exposures against positions in traditional markets already supported by Ripple Prime . Hyperliquid has quickly become the largest decentralized perpetual contract trading platform. It boasts over $5 billion in open interest and regularly exceeds $200 billion in monthly trading volume. Meanwhile, Ripple Prime itself is a relatively new powerhouse in the institutional space. The platform officially launched in late 2025 following Ripple’s massive $1.25 billion acquisition of prime brokerage firm Hidden Road. Ripple Prime continues to position itself as the bridge between legacy financial systems and the decentralized economy, which appears to be the company's new focus. Finnovex North Africa 2026: Catalyzing Egypt’s Fintech Revolution Through Smart Finance and Regulatory Transformation
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