Ripple explained the $275 million brought in will support its expansion into traditional financial services such as prime brokerage and multi-asset clearing, citing strong demand from institutions.
Ripple brings in $275M for US prime brokerage to meet institutional demand
Ripple noted the $275 million brought in will support its expansion into traditional financial services such as prime brokerage and multi-asset clearing, citing strong demand from institutions.
Reporting based on public statements, filings, and reporting gathered from multiple sources.