Ripple Expands Partnership with Bullish, Ripple Prime to Access Bullish Bitcoin Options Market

On April 29, Ripple announced an expanded long-term partnership with digital asset exchange Bullish, opening Bullish’s Bitcoin options market to Ripple Prime institutional clients. Per a joint announcement, this integration will let Ripple Prime users directly access Bullish’s regulated BTC options market. Bullish noted its platform currently ranks as the world’s second-largest Bitcoin options market by open interest, and already supports spot trading, perpetual contracts, and futures. Additionally, the parties revealed that OKX has entered a strategic partnership with Ripple to bring the stablecoin RLUSD (Ripple USD) to compliant markets. As one of the world’s largest non-bank prime brokers, Ripple Prime is projected to handle over $30 trillion in settlement volume by 2025, offering multi-asset prime brokerage, settlement, and financing services.