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Ripple Prime CEO Marc Asch steps down as platform shifts to broader financial services under new leader Noel Kimmel.

Market News
13 Nov 2026, 19:32 WIB
Dailycoin
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Neutral
Ripple Prime CEO Marc Asch steps down as platform shifts to broader financial services under new leader Noel Kimmel.

Marc Asch, founder and CEO of Ripple Prime, is stepping down at the end of 2026, with Noel Kimmel taking over leadership. Ripple Prime, acquired by Ripple Labs in 2025, is transitioning from a custody and brokerage platform to a major financial services and infrastructure provider. The platform currently serves over 300 institutions worldwide and has expanded into leveraged ETF financing and equity-linked derivatives. This leadership change comes amid XRP's price nearing a critical support level of $0.99, reflecting broader market volatility.

As of Nov 14, 2026 00:51 WIB, XRP on Pluang is priced at Rp18.641 with a slight 1-day gain of 0.11%. The market cap stands at Rp1.174,49 trillion, supported by a circulating supply of 63.5 billion XRP. Buy orders dominate Pluang activity at 61%, while typical holders keep their XRP for about 73 days, highlighting steady investor interest despite recent leadership changes at Ripple Prime.

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