Ripple Opens $9 Billion Perp-Trading Boom to Wall Street Clients

Ripple has opened its perpetual futures trading market, valued at $9 billion, to institutional Wall Street clients. Crypto firms are increasingly positioning themselves as competitors to entrenched institutional businesses on Wall Street in search of new growth.

• Ripple opened perpetual futures access to institutional clients
• The market is valued at $9 billion
• Crypto firms are competing with Wall Street's institutional businesses