Ripple raises $275M for US prime brokerage to meet institutional demand
Covered by 2 sources · 2 articles
2 outlets - including Crypto-economy and Cointelegraph - are covering this story. TL;DR Funding Boost: The company completed a $275 million senior note offering through Ripple Prime to expand U.S. clearing, financing, and prime brokerage services. Prime Brokerage Growth: Revenue at Prime has tripled since the $1.25 billi…
All coverage
Ripple’s $275M Raise Fuels U.S. Prime Brokerage Push
TL;DR Funding Boost: The company completed a $275 million senior note offering through Ripple Prime to expand U.S. clearing, financing, and prime brokerage services. Prime Brokerage Growth: Revenue at Prime has tripled since the $1.25 billi…
Ripple raises $275M for US prime brokerage to meet institutional demand
Ripple said the $275 million raised will support its expansion into traditional financial services such as prime brokerage and multi-asset clearing, citing strong demand from institutions.