Ripple Prime launched Delta One business and entered stock trading
On 27 August, the Ripple Agency Brokering Branch, Ripple Prime, officially launched Delta One for the first time in the stock trade area, further expanding traditional financial and digital asset services for institutional investors. This layout marks a further extension of Ripple's encryption asset service to traditional financial markets. Through Delta One products, Ripple Prime attempts to provide institutional investors with integrated trading channels covering stocks, indices and digital assets to enhance their competitiveness in the cross-cutting area between digital assets and traditional capital markets. It was informed that the new business would allow investors to carry out total return swaps for United States listed shares, indices and digital assets, which would target institutional clients such as hedge funds, market dealers and ETF issuers。
