Ripple’s institutional prime brokerage arm, Ripple Prime, has officially launched its new “Delta One” business. Announced on August 27, 2026, the new service expands Ripple’s business into traditional financial markets, including stock-based derivatives.
The business launches with over $1 billion in regulatory net capital, while also bringing traditional finance and digital assets closer together.
Ripple’s new Delta One business is built for institutional clients such as hedge funds, market makers, asset managers, and ETF issuers. It allows them to use Total Return Swaps (TRS) to gain exposure to different assets without directly buying and holding them.
However, the service will support U.S.-listed stocks, major stock indexes, and cryptocurrencies.
With a TRS, institutions can benefit from an asset’s price changes and dividends without owning the actual asset.
This gives large investors another way to manage their market positions while keeping their stocks and crypto exposure under one prime brokerage relationship.
The biggest change is Ripple Prime’s cross-margining system, which brings stock derivatives and crypto exposure under one platform.
Traditionally, institutions may need different firms to manage their stock and crypto positions. Ripple Prime now aims to bring these markets together through one counterparty and one shared margin pool, available 24/7.
Ripple Prime President Noel Kimmel said the new service is a natural step for the platform and matches what institutional clients are looking for.
“Clients can now access equities, FX, derivatives, fixed income, and digital asset prime brokerage, clearing, and financing all through a single counterparty.”
Ripple Prime is launching the Delta One business with more than $1 billion in regulatory net capital, giving the business a strong financial base as it expands its institutional services.
This funding strength could help Ripple Prime compete with major financial firms while supporting its new Delta One business.
The company has also raised fresh funds to support its growth. Earlier this month, Ripple Prime closed an upsized $275 million private placement of senior unsecured notes, following a $200 million debt facility managed by Neuberger Specialty Finance.
Along with its strong capital position, Ripple Prime says its business will focus only on clearing, execution and financing.
CoinPedia has been delivering accurate and timely cryptocurrency and blockchain updates since 2017. All content is created by our expert panel of analysts and journalists, following strict Editorial Guidelines based on E-E-A-T (Experience, Expertise, Authoritativeness, Trustworthiness). Every article is fact-checked against reputable sources to ensure accuracy, transparency, and reliability. Our review policy guarantees unbiased evaluations when recommending exchanges, platforms, or tools. We strive to provide timely updates about everything crypto & blockchain, right from startups to industry majors.
All opinions and insights shared represent the author's own views on current market conditions. Please do your own research before making investment decisions. Neither the writer nor the publication assumes responsibility for your financial choices.
Sponsored content and affiliate links may appear on our site. Advertisements are marked clearly, and our editorial content remains entirely independent from our ad partners.
Two analysts have run two related Monte Carlo simulations for Bitcoin. The results show a…
CEA (Controlled Environment Agriculture) Industries has today finalized its rebranding to BNB Standard Corporation (Nasdaq:…
ONDO is approaching a critical price decision, and its latest institutional development gives traders another…
Injective is betting that AI's next financial opportunity isn't just the companies building it. It's…
Institutional investors have billions sitting on the sidelines, and Chainlink wants to change that. Its…
MultiversX (EGLD) is approaching a critical point on its weekly chart, but don't mistake a…
