The move allows institutions to trade Bitcoin options through a prime brokerage layer using existing accounts.
Crypto exchange Bullish has expanded its integration with Ripple Prime to give institutional clients direct access to Bitcoin options trading, adding to existing spot, perpetual and futures connectivity through the platform’s prime brokerage network.
The integration connects Ripple Prime users to Bullish’s regulated Bitcoin (BTC) options markets, allowing trades to be funded through existing sub-accounts without additional onboarding, with stablecoins such as Ripple USD (RLUSD) supported as collateral.
RLUSD is a US dollar-pegged stablecoin designed for payments, settlement and use as collateral in digital asset markets. It has a market capitalization of about $1.57 billion, according to DeFiLlama data.
