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 multiasset clearing, citing…
Ripple raises $275 million in senior notes for prime brokerage push
Ripple Prime's inaugural senior notes carried an investment grade rating and drew institutional investors across key financial markets. Source:CoinDesk
Ripple- and Coinbase-funded PAC spends $2M in Florida race with little mention of crypto
A Florida representative not running for reelection who voted against the GENIUS and CLARITY Acts has endorsed a Democratic candidate, possibly leading to…
XRP slips below $1 even as a Korean regional bank adopts Ripple Payments
Jeonbuk Bank will use Ripple’s 24/7 crossborder payment service for business remittances, but it is unknown whether the flows will use XRP or Ripple’s RLUSD…
South Korea’s Jeonbuk Bank taps Ripple for cross-border payments
Ripple is bringing its crossborder payments platform to Jeonbuk Bank, but key details including its launch status and settlement asset remain undisclosed.…
XRP leads majors losses as Clarity Act vote slips to September
Bitcoin, ether showed slight losses while Ripplelinked XRP fell 5.5% on the week, the worst of the majors, as the Senate left Washington without taking up the…
Ripple invests in Zilo and Licuido to assist tokenized capital markets push
Ripple made a strategic investment in Zilo and Licuido as it looks to enable the use of tokenized funds as collateral from the point of issuance.…
Ripple launches Mint to expand institutional access to RLUSD
Ripple launches Mint to expand RLUSD access for institutions as the stablecoin’s market cap approaches $1.6 billion. Source:Cointelegraph
Ripple’s RLUSD gets two boosts as transfer volume drops 25%
Ripple launched an institutional minting platform and added RLUSD to Notabene’s compliance network as holder growth rose but monthly transfer volume fell to…
ESMA Adds 14 New CASPs to MiCA Register as Licensing Slows
ESMA adds 14 CASPs to its MiCA register, with banks and Ripple Payments Europe among the new entries as total providers reach 294. Source:Cointelegraph
Bad week for ‘the ants’ as ripple effects of Korean crash spread out across Asia
It was a bad week for “the ants,” as South Korea’s army of retail traders are known colloquially. 1.2 million of them were clobbered with margin calls. That’s…
Visa, Mastercard and Ripple back x402 as agent payments average 32 cents
Forty companies now govern x402, the protocol Coinbase built and handed away. It settled about $24 million last month across 75 million payments.…