What Ripple does: Ripple provides enterprise blockchain-enabled financial services that speed up payments and improve cash management. How it works: its platform, built on blockchain and cryptocurrency, enables real-time settlement, liquidity management, working-capital access, and instant payments for financial institutions, enterprises, and governments, including the ability to source crypto assets and manage treasury via a single platform. How it differs: it focuses on scalable, secure CBDC implementations and government partnerships (e.g., Palau) to deliver central-bank-grade digital currencies, alongside proven faster remittances and lower costs from clients like Nium and Tranglo. Its goal: help clients move money faster, more transparently, and at lower cost, while expanding access to digital currencies and CBDCs.
Company Size
1,001-5,000
Company Stage
Debt Financing
Total Funding
$1.1B
Headquarters
San Francisco, California
Founded
2012
See people who can refer or advise you
Help us improve and share your feedback! Did you find this helpful?
401(k) Plan
Healthcare Coverage
Health and Wellness
Family Support
Flexible Vacation
Employee Giving
Learning and Development
Ripple ends 'XRP killer' myth via Canton Network support. October 7, 2026 - By U.Today - Original Ripple integrates Canton Network into its custody platform, enhancing its role in tokenization and dispelling the 'XRP killer' myth. Confidence: 80% Horizon: medium-term Key numbers. * 1.43 * multibillion-dollar * Canton Coin (CC) * CIP-56 Market drivers (micro). * Integration of Canton Network * Increased institutional adoption * Enhanced privacy in transactions Context (macro). * Growing interest in tokenization of real-world assets * Shift towards private ledgers in banking Who wins / who loses. * Winners: Ripple and financial institutions using Canton Network; Losers: Competing blockchain solutions previously labeled as 'XRP killers'. Scenarios. Base Ripple's integration of the Canton Network solidifies its position in the tokenization market. Alt If competition intensifies, Ripple may face challenges in maintaining its market share. What to Watch next. * Monitor Ripple's client acquisition post-integration * Watch for further developments in RWA tokenization * Observe market reactions from competing blockchain solutions Full analysis. Ripple has taken a significant step in the world of cryptocurrency and blockchain by integrating the Canton Network into its custody platform, version 1.43. This strategic move is aimed at dispelling the long-standing narrative of the 'XRP killer' and solidifying Ripple's position in the tokenization of real-world assets (RWA). Understanding the integration. The latest update allows banks and funds to securely custody the native Canton Coin (CC) and CIP-56 tokens within a single environment. This integration is not just a minor update; it marks a major strategic shift for Ripple as it seeks to dominate the Wall Street tokenization market. By providing a familiar control panel for institutions, Ripple is positioning itself as a key infrastructure partner for financial entities in a multichain world. Addressing transparency issues. One of the main challenges in utilizing blockchain technology within Wall Street has been the issue of excessive transparency. Banks are unable to disclose their balances and transaction details to competitors, which has hindered the adoption of blockchain solutions. The Canton Network, developed by Digital Asset, addresses this issue at the protocol level. In multi-party transactions, each participant only sees their own data, thus maintaining privacy while still leveraging the benefits of blockchain technology. Major players in the market. The Canton Network is already being utilized by major financial institutions such as Goldman Sachs, BNP Paribas, and BNY Mellon. Broadridge's platform processes multibillion-dollar repo transactions daily, while the Depository Trust & Clearing Corporation (DTCC) tokenizes U.S. Treasuries using these rails. This widespread adoption highlights the growing importance of the Canton Network in the financial sector. The future of tokenization. The integration of the Canton Network into Ripple's custody platform not only enhances Ripple's offerings but also changes the competitive landscape in the tokenization of real-world assets. Instead of a direct competition for banking corridors, major players are moving towards a division of labor, each focusing on their strengths. The Canton Network is poised to act as a private ledger and a 'digital notary' for recording ownership rights within the banking sector, while Ripple and the XRP token will continue to serve as a public liquidity bridge for transferring value across fragmented systems. In conclusion, Ripple's latest update is a clear indication of its commitment to enhancing its infrastructure and retaining its clients in the competitive landscape of tokenization. As the market evolves, Ripple's strategic moves will be crucial in shaping the future of blockchain technology in traditional finance.
Ripple Prime lands Brevan Howard as multi-asset brokerage and clearing client. Ripple Prime will provide multi-asset prime brokerage, clearing and financing to Brevan Howard funds with about $35 billion in assets, deepening a relationship from Ripple's 2025 investment round. Published: Oct 7, 2026 at 3:55 AM GMT+0000 | Read time: 2 min Ripple's prime brokerage arm will provide multi-asset prime brokerage, clearing and financing services to funds managed by Brevan Howard, the hedge fund group with about $35 billion in assets, Ripple said in an announcement on Tuesday, October 6. No financial terms of the arrangement were disclosed, and Ripple did not say when Ripple Prime services will begin for Brevan Howard funds. Ripple Prime, built from Ripple's roughly $1.25 billion acquisition of prime broker Hidden Road in 2025, will give Brevan Howard funds access to a platform spanning traditional and digital markets, including digital assets, foreign exchange, derivatives, swaps and fixed income. Ripple pointed to growing demand from investment managers for prime brokerage that covers both sides of that divide. Alan McGroarty, Brevan Howard Group's chief operating officer, said the firm expects the platform to give its investment teams "increased operational ease and capital efficiency." The Brevan Howard win extends a busy year of expansion for the unit. In August the unit raised $275 million through a senior note offering to fund growth in prime brokerage, financing and multi-asset clearing, and it secured a $200 million debt facility from Neuberger Berman to expand institutional margin lending. Kroll Bond Rating Agency rated Ripple Prime BBB earlier in 2026, noting that the business is still scaling and looking to diversify into equity prime brokerage and swaps. The platform also added Hyperliquid, its first direct integration with a DeFi venue. The deal deepens a financial relationship that already ran in Ripple's favor. Funds managed by Brevan Howard affiliates participated in Ripple's $500 million strategic investment round in 2025.
Meritz-Ripple deal: A catalyst for South Korea's digital asset future. Editorial Team Crypto Analyst Oct 07, 2026 The convergence of traditional finance and blockchain technology continues to accelerate globally, with South Korea rapidly positioning itself at the forefront. A pivotal development is the recent announcement that Meritz Securities, a prominent South Korean financial institution, has partnered with Ripple. This strategic collaboration aims to explore and develop digital asset custody and tokenization services for the nation's burgeoning capital markets, signalling a significant step towards mainstream institutional adoption of digital assets in the region. The alliance represents Meritz's proactive embrace of the digital future, anticipating South Korea's evolving regulatory landscape. The initial phase will meticulously assess Ripple's robust infrastructure within existing securities rules, ensuring compliance and laying a solid foundation for future innovations. This methodical approach underscores the seriousness with which Meritz views digital asset integration, emphasizing security, regulatory adherence, and operational robustness. Strategic alignment: Meritz's vision meets ripple's enterprise expertise. Meritz Securities' decision to partner with Ripple highlights a clear strategic vision: to be a first-mover in South Korea's institutional digital asset space. By tapping into Ripple's established distributed ledger technology (DLT) expertise, Meritz aims to build a competitive edge. Ripple, renowned for its enterprise-grade blockchain solutions and extensive network among financial institutions globally, brings a wealth of experience in building compliant, scalable DLT platforms. Despite its U.S. legal challenges, Ripple's core business in providing DLT infrastructure for financial entities remains highly attractive, offering robust and proven blockchain solutions. This partnership further validates Ripple's strategy of focusing on institutional adoption and leveraging its technology for real-world financial applications, moving beyond speculative trading. The collaboration specifically targets two critical areas: digital asset custody and tokenization. Secure and compliant custody solutions are paramount for institutional investors, providing the trust and security necessary to engage with digital assets. For traditional financial firms like Meritz, integrating digital assets necessitates a custody framework that meets stringent regulatory requirements and offers institutional-grade protection against cyber threats and operational risks. Ripple's infrastructure, designed with financial institutions in mind, is well-suited to provide the foundational technology for such custody services, offering a secure environment for holding various digital assets. South Korea's emerging digital asset frontier. South Korea has long been a vibrant hub for cryptocurrency trading, but its regulatory environment for institutional digital assets has evolved with careful consideration. This partnership indicates a maturation of the market and a clearer path towards regulated digital asset products. The Korean government and financial regulators are establishing a comprehensive legal framework for digital assets, balancing innovation with investor protection. Meritz's proactive engagement with Ripple suggests an expectation that these frameworks will soon enable a broader range of regulated digital asset services, including securitized tokens and digital asset-backed financial products. The potential for growth in South Korea's institutional digital asset sector is immense. With a technologically savvy population and strong existing financial infrastructure, the country is ripe for embracing the efficiencies and new opportunities presented by tokenization. This partnership could serve as a blueprint for other financial institutions in Korea, potentially accelerating the overall adoption curve and solidifying South Korea's position as a regional leader in the digital economy. The initial assessment, focusing on existing securities rules, demonstrates a commitment to integrating new technology responsibly within established legal boundaries, crucial for long-term confidence. Tokenization: the game changer for capital markets. Beyond custody, the exploration of tokenization represents a transformative opportunity for South Korea's capital markets. Tokenization involves converting rights to an asset into a digital token on a blockchain, offering unprecedented benefits: fractional ownership, increased liquidity, enhanced transparency, and streamlined settlement processes. Traditional illiquid assets like real estate or private equity can be fractionalized and traded instantly on a blockchain-based platform, accessible to wider investor pools. This is the promise of tokenization, and Meritz Securities is clearly keen to harness this potential. For traditional securities, tokenization can drastically reduce intermediaries, lower transaction costs, and accelerate settlement times from days to seconds. This efficiency gain is a powerful incentive for financial institutions looking to modernize operations and unlock new revenue streams. By exploring Ripple's tokenization capabilities, Meritz is positioning itself to offer a new generation of financial products, potentially revolutionizing how assets are issued, managed, and traded in South Korea. This move aligns with a global trend where major financial players are investigating DLT for issuing tokenized bonds, funds, and other securities. Beyond the initial assessment: the ETF horizon. The scope of Meritz's exploration extends further, as the source context notes their review of digital asset ETFs. This indicates a comprehensive strategy to engage with digital assets across multiple fronts. Digital asset ETFs provide a regulated and accessible way for traditional investors to gain exposure to cryptocurrencies and other digital assets without directly holding them. The success of spot Bitcoin ETFs in the U.S. and similar products in other markets has demonstrated clear institutional and retail demand for such regulated investment vehicles. Meritz's interest in digital asset ETFs suggests they are looking to build a holistic suite of digital asset services, catering to both institutional clients seeking direct tokenization or custody solutions and broader investors looking for diversified exposure through familiar financial products. This forward-thinking approach, combining DLT infrastructure assessment with product development, underscores Meritz's ambition to be a leader in South Korea's digital finance ecosystem. It also signals confidence that the regulatory environment will evolve to permit such innovative financial products in the near future. Navigating regulatory waters and future prospects. While the partnership marks a significant step forward, successful implementation hinges on continued regulatory clarity and support. South Korea's financial authorities will play a crucial role in shaping the operational landscape for tokenized securities and digital asset custody. However, Meritz's proactive engagement with a DLT leader like Ripple, explicitly stating their intent to "prepare for regulated digital asset products," sends a strong signal to regulators about the industry's readiness and commitment to compliance. From a broader market perspective, this collaboration reinforces the ongoing trend of traditional financial institutions integrating DLT into their core strategies. It's a clear indication that digital assets are moving beyond the periphery and into the mainstream of global finance. For South Korea, this partnership not only promises to enhance its financial infrastructure but also positions the nation as a significant player in the global race to redefine capital markets through blockchain technology. The ripple effect of this Meritz-Ripple alliance could inspire further innovations and partnerships across the Asia-Pacific region, driving a new era of digital finance. #Crypto #MarketUpdate #Blockchain
Ripple (XRP) scores another major Wall Street win with Brevan Howard. Ripple has taken another step deeper into institutional finance by expanding its relationship with Brevan Howard. Published on: Oct 6, 2026 @ 13:17 UTC The company behind XRP has doubled down on its partnership with Brevan Howard, one of the world's largest alternative investment managers. Ripple Prime will allow the firm access to multi-asset prime brokerage, clearing, and financing. Another institutional heavyweight. The announcement shared earlier on October 6 reads that Ripple has expanded its ongoing relationship with the Wall Street giant to reflect growing demand from major investment managers for infrastructure that spans both traditional and digital assets. Brevan Howard will be able to use Ripple Prime across different asset classes and products, with the platform designed to simplify operations and improve capital efficiency. "As digital and traditional markets become more interconnected, the need for institutional-quality digital asset infrastructure that enables a seamless experience for investors is only growing. Ripple has built a differentiated platform that we expect will provide our investment teams with increased operational ease and capital efficiency," said Alan McGroarty, Group COO of Brevan Howard. The two have some history, dating from the months after Ripple settled its legal dispute with the SEC. Funds managed by Brevan Howard affiliates participated in Ripple's $500 million strategic investment in 2025. Consequently, the two parties have built on the ongoing partnership, and the latest agreement receives additional significance beyond standard client onboarding. Moving beyond crypto. CryptoPotato reported recently that Ripple Prime launched a Delta One institutional trading platform allowing hedge funds, asset managers, and other clients to execute Total Return Swaps across US-listed equities, indices, and digital assets. Customers can also cross-margin exposures across asset classes through a single counterparty relationship. Ripple Prime, formerly known as Hidden Road before the company behind XRP bought it for $1.25 billion, allowing the latter to become the first crypto firm to own and operate a global multi-asset prime broker. The business reportedly cleared more than $3 trillion annually and serves over 300 institutional clients. The Brevan Howard partnership expansion only builds on Ripple's latest strategy to move well beyond crypto and solidify its position across Wall Street. You may also like: SPECIAL OFFER (Exclusive) LIMITED OFFER for CryptoPotato readers at Bybit: Use this link to register and open a $500 FREE position on any coin!
Ripple targets Turkey's $200 billion crypto market amid lira pressure. October 5, 2026 - By Bitcoin.com News - Original - Updated Ripple is targeting Turkey's $200 billion crypto market by enhancing access to digital assets and stablecoins amid local currency pressures. Confidence: 80% Horizon: medium-term Key numbers. * 200 billion * 878 billion * 2024 * 2025 Market drivers (micro). * Growing demand for regulated digital assets * Partnerships with local banks and exchanges * Inflation and currency depreciation in Turkey Context (macro). * Evolving regulatory framework in Turkey * Increasing interest in cryptocurrencies amid economic instability Who wins / who loses. * Winners: Ripple and local banks benefiting from increased crypto adoption. * Losers: Traditional fiat currency holders facing depreciation. Scenarios. Base Ripple successfully expands its services in Turkey, capitalizing on the demand for digital assets and stablecoins. Alt Regulatory challenges hinder Ripple's expansion efforts, limiting its impact on the Turkish crypto market. What to Watch next. * Monitor regulatory developments in Turkey. * Watch for Ripple's further partnerships with local exchanges. * Observe market reactions to the introduction of new stablecoins. Full analysis. Ripple is strategically focusing on Turkey's rapidly growing crypto market, which has recorded nearly $200 billion in annual transactions. This move comes as the Turkish lira faces significant pressure, prompting both consumers and institutions to seek alternatives in digital assets. Key developments. According to Chainalysis, Turkey's crypto market has seen cumulative inflows of approximately $878 billion from early 2021 to mid-2025. Ripple is leveraging this opportunity by partnering with local banks and exchanges to offer services that include custody solutions and dollar-backed stablecoins. Partnerships and services. One of Ripple's key partnerships is with Garanti BBVA, a Turkish bank that has extended its digital asset services to its entire customer base. This collaboration combines Ripple's custody solutions with IBM's infrastructure to ensure the security of customer assets. The service allows users to store, transfer, and convert various cryptocurrencies, including Bitcoin, Ethereum, and XRP. Regulatory landscape. The regulatory framework in Turkey is evolving, with new rules established to oversee crypto operations. As of July 2024, providers must adhere to capital markets board oversight, and by March 2025, additional operating and capital requirements will be enforced. These regulations aim to enhance consumer protection and ensure compliance within the crypto space. Market demand for stablecoins. Ripple has highlighted the growing demand for regulated, dollar-backed liquidity, which is crucial for Turkish consumers and businesses. The introduction of stablecoins like rlusd provides an alternative to holding local currency, especially in light of the lira's depreciation. Conclusion. As Turkey's regulatory environment matures, Ripple's initiatives could significantly impact the local crypto landscape, providing essential services that meet the needs of both retail and institutional investors. The company's focus on stablecoins and partnerships positions it well to capitalize on the growing interest in digital assets in Turkey.