Ripple Prime, the non-bank broker under Ripple, completed a private placement of $275 million in senior unsecured notes.
According to official announcements, the proceeds from this fundraising will be used to support Ripple’s ongoing business expansion in the U.S. market, and the funds raised will be used primarily for working capital of regulated entities and general corporate purposes.
Ripple stated that the funds raised are intended to meet the increasing customer demand for modern multi-asset settlement, prime brokerage, and financing services, reflecting strong growing interest from institutional clients in compliant crypto financial services.
#Ripple #机构加密 #prime broker
According to official announcements, the proceeds from this fundraising will be used to support Ripple’s ongoing business expansion in the U.S. market, and the funds raised will be used primarily for working capital of regulated entities and general corporate purposes.
Ripple stated that the funds raised are intended to meet the increasing customer demand for modern multi-asset settlement, prime brokerage, and financing services, reflecting strong growing interest from institutional clients in compliant crypto financial services.
#Ripple #机构加密 #prime broker