After yesterday’s official announcement of the mixing with Bullish, Mike Higgins, CEO of Ripple Prime, added particulars that flip a regular partnership right into a critical device for hedge funds.
Higgins emphasised that Ripple Prime purchasers are not simply “” Bullish, however now have direct entry to its $BTC choices markets because the platform now permits funds to seamlessly change between Bullish’s Bitcoin choices markets and conventional markets.
Excited to develop our partnership with @Bullish — Ripple Prime purchasers now have direct entry to its regulated $BTC choices markets, and may use $RLUSD to commerce on the platform.
With Bullish because the second largest venue by open curiosity for crypto-settled $BTC choices, and shortly to…
— Mike Higgins (@mikehiggins) April 30, 2026
Contemplating that Bullish ranks second globally by open curiosity on this section, in keeping with him, Ripple Prime successfully provides its purchasers the keys to some of the liquid order books on the earth.
$RLUSD to energy Ripple’s one-stop store
An necessary element from Higgins is the affirmation that Ripple USD ($RLUSD) is now totally used for buying and selling on the platform. This isn’t only a “showcase” asset, however one that may be actively traded and used to appreciate revenue and loss from Bitcoin positions.
Probably the most vital technical sign from Mike is that cross-margin assist is coming quickly. For establishments, that is crucial, as they may be capable to optimize collateral and use their capital extra effectively. In easy phrases, they may be capable to commerce bigger positions whereas locking up much less capital.
Higgins’ submit highlights that Ripple Prime is shifting past being a service across the XRP Ledger ecosystem and is changing into a full one-stop store for the broader digital asset market, particularly derivatives. If an institutional participant needs to commerce Bitcoin choices via regulated infrastructure, Higgins makes it clear that that is now accomplished by way of Ripple Prime.
