Not Only XRP: CEO Higgins Explains Why Ripple Prime is Scaling into Bitcoin Liquidity

After yesterday’s official announcement of the integration with Bullish, Mike Higgins, CEO of Ripple Prime, added details that turn a standard partnership into a serious tool for hedge funds.

Higgins emphasized that Ripple Prime clients are no longer just “looking at” Bullish, but now have direct access to its BTC options markets as the platform now allows funds to seamlessly switch between Bullish’s Bitcoin options markets and traditional markets.

Excited to expand our partnership with @Bullish — Ripple Prime clients now have direct access to its regulated BTC options markets, and can use $RLUSD to trade on the platform.

With Bullish as the second largest venue by open interest for crypto-settled BTC options, and soon to…

— Mike Higgins (@mikehiggins) April 30, 2026

Considering that Bullish ranks second globally by open interest in this segment, according to him, Ripple Prime effectively gives its clients the keys to one of the most liquid order books in the world.

RLUSD to power Ripple's one-stop shop

An important detail from Higgins is the confirmation that Ripple USD (RLUSD) is now fully used for trading on the platform. This is not just a “showcase” asset, but one that can be actively traded and used to realize profit and loss from Bitcoin positions.

The most significant technical signal from Mike is that cross-margin support is coming soon. For institutions, this is critical, as they will be able to optimize collateral and use their capital more efficiently. In simple terms, they will be able to trade larger positions while locking up less capital.