Crypto NewsNewsRipple Makes a Major Move: New Integration Will Give Companies Access to...

Ripple Makes a Major Move: New Integration Will Give Companies Access to Gold, Silver, and Oil

According to Ripple's latest announcement, the company will be expanding into traditional finance with its new move.

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Ripple Prime, Ripple’s institutional liquidity and trading platform, announced that it has expanded its integration with the decentralized derivatives platform Hyperliquid. According to the announcement, the integration has been updated to now include HIP-3 tokens, providing institutional investors with access to on-chain perpetual futures contracts based on traditional assets such as gold, silver, and oil.

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Mike Higgins, who leads business development and customer relationship management at Ripple Prime, described the development as “a significant step for institutional investors.” Higgins noted that with the expansion of Hyperliquid integration, HIP-3 assets have also been included on the platform, making it possible to access traditional finance (TradFi) assets through a decentralized finance (DeFi) infrastructure.

The new integration allows investors to trade both crypto and traditional asset derivatives within their existing portfolios using a single unified collateral structure. Thus, Ripple Prime aims to offer a hybrid trading infrastructure that brings together the TradFi and DeFi worlds.

*This is not investment advice.

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