Ripple Expands DeFi Reach, Tezos Futures Emerge Amid Regulatory Scrutiny on Exchanges
Ripple Expands DeFi Reach, Tezos Futures Emerge Amid Regulatory Scrutiny on Exchanges
Ripple has integrated its prime brokerage platform with Hyperliquid, marking its first direct DeFi venue connection. Meanwhile, Bitnomial has launched the first US futures for Tezos, adding to its history of offering regulated crypto products like XRP futures. This comes as exchanges face increased regulatory pressure, with Coinbase recently accused by Nevada regulators of offering alleged unlicensed sports betting through its prediction markets.
Ripple has announced the addition of Hyperliquid to its prime brokerage platform, representing its initial direct integration with a DeFi venue, according to a Ripple Prime spokesperson.
Chicago-based Bitnomial has listed the first US futures for Tezos, a blockchain project that was first proposed in 2014 and notably raised $232 million in its ICO. Bitnomial is often recognized for being an early mover in offering regulated crypto products, having previously launched the first regulated XRP futures last year.
Coinbase is currently facing scrutiny from Nevada regulators, who have accused the exchange of offering alleged unlicensed sports betting through its prediction markets.