Ripple Prime, Ripple's non-bank prime brokerage, has secured $275 million through a private placement of senior unsecured notes to expand its US clearing, brokerage, and financing services. The funding will support working capital and general corporate purposes, helping Ripple Prime invest in its team and technology. The notes received a BBB investment grade rating, and institutional investors from major financial markets participated in the offering. This capital boost aims to strengthen Ripple Prime's presence and capabilities in the US financial market.
Ripple CEO Brad Garlinghouse emphasized the company's role as a bridge between traditional finance (TradFi) and decentralized finance (DeFi), highlighting Ripple's 75 global licenses and a U.S. court ruling that XRP is not a security. He expects Ripp...
Jeonbuk Bank has become the first regional bank in South Korea to implement Ripple Payments, enabling near real-time, 24/7 cross-border remittances. This move aims to replace traditional multi-day international transfers with faster, more transparent...
Jeonbuk Bank, a regional South Korean bank, has replaced the traditional SWIFT network with Ripple Payments to improve the efficiency of its cross-border transactions. This marks Ripple's third partnership in South Korea in 2026, highlighting its gro...
Bitcoin and XRP are under pressure after recent declines, trading near $63,000 and below $1 respectively. Key events this week include a White House meeting with crypto leaders, potential US regulatory moves like the Digital Asset Market Clarity Act,...
