Ripple Prime Expands Crypto Offerings with Coinbase Partnership

Ripple Prime, a leading prime brokerage firm, has announced a significant partnership with Coinbase to provide institutional clients with access to a wide range of crypto derivatives.

The partnership enables Ripple Prime clients to trade nano-sized Bitcoin, Ethereum, XRP, and Solana contracts, which are cleared by Nodal Clear. This move is part of the company's efforts to expand its offerings in the DeFi space.

Ripple Prime has become a clearing member of Nodal Clear as part of this partnership, allowing for direct facilitation of access to Coinbase derivatives. The prime brokerage firm offers clearing and financing services, having cleared over $3 trillion last year.