KBRA’s BBB rating gives Ripple Prime investment-grade access, but expected parent support and mostly escrowed XRP remain central to the credit case.
The post Ripple relies on locked XRP reserves to back a $275 million institutional credit line...
Ripple Prime closed an upsized $275 million private placement of senior unsecured notes this week, yet the XRP price failed to react, trading just below $1.
The brokerage arm’s fundraising success stands in sharp contrast with the token’s persistent...
BitcoinWorld
Ripple Prime Raises $275M in Senior Unsecured Notes to Fuel U.S. Expansion
Ripple Prime, the prime brokerage arm of blockchain company Ripple, has completed a private offering of $275 million in senior unsecured notes. The proceeds are...
SpaceX went public on June 12. Fourteen days later, one of Europe’s largest asset managers is calling it a market top signal. Allianz Chief Investment Officer Ludovic Subran warned this week that SpaceX’s rapid return to capital markets has pushed a...
