Ripple Prime Launches Delta One Total Return Swaps Business

Here's what it means for you.
This launch enhances your options for accessing diverse asset classes without direct cryptocurrency exposure.
What happened
On August 27, 2026, Ripple Prime launched its Delta One business, offering total return swaps on U.S.-listed equities, equity indices, and digital assets.
The Context
- Ripple's strategic expansion: The Delta One service stems from Ripple's $1.25 billion acquisition of Hidden Road, integrating traditional and crypto-native brokerage capabilities.
- Targeting institutional clients: The offering is designed for hedge funds, asset managers, and ETF issuers seeking unified exposure across asset classes.
- Competitive landscape: Ripple Prime directly competes with established players like Goldman Sachs and JPMorgan, aiming to capture a share of the growing demand for multi-asset platforms.
The Number
in regulatory net capital supports Ripple Prime's Delta One business, ensuring robust counterparty obligations and enhancing institutional confidence.
Takeaway
As Ripple Prime's Delta One service gains traction, expect increased competition in the institutional trading space, potentially reshaping how firms engage with both traditional and digital assets.
Research, news, and analysis on blockchain startups, DeFi, and regulations.
"Crypto Briefing provides research, news, and analysis on blockchain startups, DeFi, and crypto regulations with investor-focused coverage."
— A47 Editor
Ripple launches delta one business for institutional clients, taking aim at Goldman Sachs and JPMorgan
Ripple has launched its Delta One service aimed at institutional clients, allowing them to trade total return swaps linked to U.S.-listed equities, indexes, and digital assets. This strategic move positions Ripple to compete directly with established...
Real-time updates, analysis, and reports on the blockchain and cryptocurrency sectors.
"Crypto News delivers real-time updates, analysis, and reports on the blockchain and cryptocurrency sectors."
— A47 Editor
Ripple Prime launches Delta One service for US equity derivatives
Ripple Prime has launched its Delta One service, enabling institutional clients to trade total return swaps linked to U.S.-listed equities, indexes, and digital assets through its multi-asset prime brokerage platform. This service is now live and aim...
Covers blockchain, cryptocurrency news, project analysis, and market insights.
"Cointelegraph is a leading crypto-focused media outlet known for timely news, analysis, and educational content related to blockchain and digital assets."
— A47 Editor
Ripple Prime expands into US equity derivatives with Delta One business
Ripple Prime has announced its expansion into the U.S. equity derivatives market by launching a Delta One business, allowing institutional clients to access total return swaps linked to U.S.-listed equities, indexes, and digital assets. This move is ...