Ripple, the leading provider of blockchain-based enterprise solutions across traditional and digital finance, announced that Ripple Prime, its global multi-asset prime brokerage platform, has integrated with EDX Markets and EDXM International. The integration enables Ripple Prime’s clients to access EDX’s spot and perpetual futures liquidity for digital assets within a unified, capital-efficient prime brokerage framework.

EDX Markets’ spot trading venue and EDXM International’s perpetual futures exchange are primary price discovery destinations, offering deep liquidity and a non-conflicted structure modeled on best practices from traditional financial markets. Clients receive enhanced capital efficiency through Ripple Prime’s credit intermediation, net settlement, and collateral management services, addressing common pain points experienced by institutions brought by market fragmentation and counterparty risk.

“Building the next generation of prime brokerage requires partnering with venues that provide a secure, liquid bridge between traditional and digital markets,” said Michael Higgins, International CEO of Ripple Prime. “EDX is institutional-grade and delivers the performance, reliability, and depth that our clients expect. We’re excited to make its market structure seamlessly accessible through Ripple Prime’s capital-efficient framework, raising the bar for institutional digital asset trading.”

“Institutions are demanding market infrastructure that combines the operational rigor of traditional finance with the innovation and efficiency of digital assets,” said Tony Acuña-Rohter, CEO of EDX Markets. “By integrating with Ripple Prime, we’re expanding access to deep, transparent liquidity across spot and perpetual futures markets through a capital-efficient framework designed for scale. Together, we’re helping accelerate the maturation of digital assets and setting a higher standard for market participants.”

The partnership also lays the groundwork for the future integration of Ripple USD (RLUSD), Ripple’s U.S. dollar-backed stablecoin, as a settlement and collateral asset on EDX. This will enable institutional clients to post and receive margin via a fully regulated, compliant dollar-pegged digital asset and drive enhanced cross-collateralization and margin efficiencies across spot crypto and perpetual futures trading.

Source: Ripple