Ripple Prime has integrated its institutional brokerage platform with EDX Markets and EDXM International, enhancing access to both spot and perpetual futures markets for institutional clients. This integration allows hedge funds, asset managers, and trading firms to streamline trading operations through credit intermediation, net settlement, and collateral management. The move simplifies trading by consolidating spot and futures markets under one platform, eliminating the need for separate accounts and risk management frameworks. Additionally, the integration sets the stage for Ripple USD (RLUSD), Ripple's US dollar-backed stablecoin, to be used as a settlement and collateral asset on the EDX platform. Ripple has also secured a $200 million debt facility to bolster its margin financing and brokerage services. EDX Markets, designed for institutional participation, offers efficient transaction infrastructure, aligning with Ripple's strategy to become a key player in institutional crypto trading.