Ripple Prime has launched Delta One, allowing institutional clients to trade total return swaps linked to US equities, indexes and digital assets.Clients can use a single counterparty and cross margin supported exposures across Ripple Prime’s multi asset brokerage platform.The service targets hedge funds, asset managers and other financial institutions seeking exposure without directly owning the underlying assets.Ripple Prime was formed after Ripple completed its $1.25 billion acquisition of Hidden Road in October 2025.The brokerage secured a $200 million debt facility in May and closed a $275 million private placement of senior unsecured notes in August.