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Ripple Prime completes $275 million senior unsecured notes offering to support U.S. operations.
PRIVATESep 08, 2026•about 5 hours ago
Amount Raised
$275 Million
Round Type
Debt Financing
San FranciscoInformation TechnologyFinancial ServicesAdvertisingFinanceFintechCryptocurrencyLendingMarketing
Investors
Piper Sandler
Description
Ripple Prime, the non-bank prime broker under Ripple, completed a private placement of senior unsecured notes totaling $275 million after size upsizing. The proceeds will be used to support its U.S. operations, including working capital and general corporate purposes. The notes received an investment-grade BBB rating from KBRA
Company Information
Company
Ripple
Location
600 Battery Street
San Francisco, California, United States
About
Ripple is the leader in enterprise blockchain and crypto solutions, transforming how the world moves, manages and tokenizes value. Ripple’s business solutions are faster, more transparent, and more cost effective – solving inefficiencies that have long defined the status quo. And together with partners and the larger developer community, we identify use cases where crypto technology will inspire new business models and create opportunity for more people. With every solution, we’re realizing a more sustainable global economy and planet – increasing access to inclusive and scalable financial systems while leveraging carbon neutral blockchain technology and a green digital asset, XRP. This is how we deliver on our mission to build crypto solutions for a world without economic borders.
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San FranciscoInformation TechnologyFinancial ServicesAdvertisingFinanceFintechCryptocurrencyLendingMarketing