Ripple has announced that its Prime brokerage platform will now support Perp DEX Hyperliquid, expanding institutional access to on-chain derivatives liquidity and strengthening the bridge between traditional finance and DeFi.
Ripple and HyperLiquid Target Institutional DeFi Growth
Ripple, in a recent X post, announced the integration of Hyperliquid into its Prime brokerage platform, enabling institutions to securely access on-chain derivatives liquidity through the decentralized trading platform.
Through this setup, institutional investors will benefit from a single counterparty relationship, simplifying risk management, compliance processes, and operational execution when accessing both centralized brokerage services and decentralized liquidity.
Further, users can cross-margin crypto alongside all asset classes supported by Ripple’s prime brokerage platform. This includes OTC swaps, forex markets, and fixed-income products, significantly improving capital efficiency for institutional traders operating across multiple financial markets.
Meanwhile, it is worth noting that this development comes shortly after Ripple secured a preliminary electronic money institution license from Luxembourg authorities. The regulatory progress is seen as a key step in Ripple’s broader strategy to expand its regulated financial services footprint across Europe while simultaneously strengthening its institutional product offerings.
Strategic Timing Amid Institutional Crypto Expansion
Meanwhile, the announcement comes as institutional participation in digital assets steadily increases despite broader market volatility. Many financial institutions are now exploring on-chain execution to reduce settlement risks, improve transparency, and access 24/7 global markets.
When commenting on the recent Hyperliquid support, Ripple Prime CEO Michael Higgins hailed the integration as a key step in combining DeFi with brokerage services, noting that it would provide direct support to a wider range of digital assets.
Higgins’ thoughts underscore Ripple’s ambition to build a multi-asset institutional gateway that merges traditional brokerage capabilities with decentralized liquidity infrastructure. Ripple has been actively expanding its institutional product suite, focusing on cross-border payments, tokenized asset settlement, and liquidity provisioning.
Thus, by integrating with advanced DeFi trading layers like Hyperliquid, Ripple could significantly improve capital efficiency for large-scale traders and liquidity providers.
Market observers note that such collaborations often act as catalysts for ecosystem growth, potentially driving higher trading volumes and deeper liquidity pools.
HYPE and XRP Price Action in Focus
Following the integration news, market participants have shifted attention toward the potential price impact on HYPE and XRP. However, CoinMarketCap data shows that both tokens are yet to respond to the positive development.
XRP has seen further dips to $1.54, shedding 4.0% in the past 24 hours and ranking 5th in the broader crypto market by market capitalization. The decline highlights how broader market sentiment continues to outweigh positive ecosystem fundamentals in the short term.
HYPE, on the other hand, has seen a 0.4% dip in the past 24 hours, trading around $33.66. While the decline is relatively mild compared to XRP, it suggests traders are still waiting for clear signs of institutional capital inflows following the integration announcement.
The CoinRemark Team
Temitope Olajide
