Overview
- Ripple said its Prime platform will give clients direct access to Bullish’s regulated Bitcoin options market.
- Bullish describes that venue as the world’s second largest crypto‑settled BTC options market by open interest.
- OKX and Ripple launched the RLUSD stablecoin on OKX for more than 280 spot pairs, and institutions can use it as margin for derivatives.
- Ripple is building a one‑stop institutional prime broker after buying Hidden Road for $1.25 billion, and says Ripple Prime cleared over $30 trillion in 2025.
- Bullish, listed on the NYSE as BLSH, reported $80.5 billion in monthly trading volume in October 2025, which signals liquidity for traders seeking hedges and basis trades.