Ripple Prime Raises $275M in Bonds: What It Means for XRP Ripple's prime brokerage arm closed a $275M senior notes deal on August 18. Rated BBB by KBRA, 8.25% coupon, due 2031. With May's $200M Neuberger facility, that's $475M raised in three months. Why it matters 👇 ✅ A crypto firm borrowing through the traditional bond market, not selling equity or tokens ✅ KBRA cited Ripple's XRP holdings as balance sheet strength ✅ Funds go to US clearing and prime brokerage expansion