Ripple's prime brokerage arm, Ripple Prime, is launching a new service to provide institutional investors with access to perpetual futures tied to over 100 traditional asset markets, including equities, stock indexes, ETFs, and commodities. This expansion taps into a rapidly growing sector, with open interest in real-world asset perpetual contracts jumping from near zero to approximately $9 billion in the last year. The new offerings, rolled out via Trade.xyz on the decentralized Hyperliquid platform, include features like cross-margining. According to Michael Higgins, international CEO of Ripple Prime, this setup allows institutional users to manage capital more effectively and access new liquidity pools on a more regulated infrastructure. Earlier this year, Ripple Prime also launched crypto perpetual futures.