Articles from Ripple

Ripple, a financial technology company that offers crypto solutions for businesses, today announced the acquisition of digital asset wallet and custody company, Palisade. The acquisition will significantly expand Ripple’s custody capabilities to directly serve the core needs of fintechs, crypto-native firms, and corporates.

Ripple, a financial technology company that offers crypto solutions for businesses, today announced the launch of digital asset spot prime brokerage capabilities for the United States market. U.S.-based institutional clients are now able to execute OTC spot transactions across dozens of the most prominent digital assets including XRP and RLUSD.

Ripple, a financial technology company that offers crypto solutions for businesses, today announced that several of the world’s leading development and humanitarian nonprofit organizations – including World Central Kitchen, Water.org, GiveDirectly, and Mercy Corps – are leveraging Ripple Payments and the Ripple USD (RLUSD) stablecoin to help improve the speed, transparency, and impact of aid delivery and funding.

Ripple, the leading provider of digital asset infrastructure for the enterprise, today announced its $1 billion acquisition of GTreasury, the global leader in treasury management systems. This deal marks significant expansion for Ripple, immediately opening up the multi-trillion dollar corporate treasury market and access to many of the largest and most successful corporate customers. GTreasury brings over four decades of experience supporting treasury operations for the world’s most recognized brands.

Ripple, a financial technology company that offers crypto solutions for businesses, today announced a $25 million commitment to leading nonprofits Accion Opportunity Fund and Hire Heroes USA. This funding, delivered in Ripple USD (RLUSD), Ripple’s U.S. dollar-backed stablecoin, will expand access to capital for underserved small business owners and create career pathways for veterans and military spouses. It will also equip entrepreneurs with digital payment tools so communities across the U.S. can thrive in today’s rapidly evolving economy. This marks Ripple’s second $25 million donation this year, underscoring the company’s ongoing commitment to giving back and expanding economic opportunity.

Ripple, the leader in enterprise blockchain and crypto solutions, today announced it has agreed to acquire Rail, a stablecoin-powered platform for global payments, for $200 million. With this deal, Ripple and Rail will deliver the most comprehensive stablecoin payments solution available in the market.

Today Ripple, the leading provider of digital asset infrastructure for financial institutions, announced it has selected The Bank of New York Mellon Corporation ("BNY") (NYSE: BK), a global financial services company, for the primary custody of Ripple USD (RLUSD) reserves. Ripple and BNY are jointly committed to paving the way for digital asset adoption at institutional scale and together are bridging the gap between the traditional finance and crypto ecosystems.

Ripple, the leading provider of digital asset infrastructure for financial institutions, today announced a $25 million commitment to leading education nonprofits DonorsChoose and Teach For America. This funding will equip young Americans and educators alike with the resources needed to improve academic outcomes, build economic resilience and thrive in a rapidly evolving job market.

Ripple, the leading provider of digital asset infrastructure for financial institutions, today announced it is acquiring Hidden Road for $1.25 billion, representing one of the largest deals in the digital assets space. With the acquisition, Ripple becomes the first crypto company to own and operate a global, multi-asset prime broker. Hidden Road is one of the fastest-growing prime brokers around the world, offering institutions a one-stop-shop of advanced services including clearing, prime brokerage, and financing across foreign exchange (FX), digital assets, derivatives, swaps, and fixed income.

Ripple, the leader in enterprise blockchain and crypto solutions, has received approval from the Dubai Financial Services Authority (DFSA) to provide regulated crypto payments and services in the Dubai International Finance Centre (DIFC). Ripple will be the first blockchain-enabled payments provider licensed by the DFSA.

Ripple, the leading provider of digital asset infrastructure for financial institutions, today announced that Ripple USD (RLUSD) will be available on global exchanges starting tomorrow, December 17, 2024. RLUSD is an enterprise-grade, USD-denominated stablecoin created with trust, utility, and compliance at its core, backed by Ripple’s years of experience working with crypto and the existing financial system.

Garanti BBVA Kripto has collaborated with Ripple and IBM to provide a secure environment for its crypto asset trading platform. Following a successful pilot in 2023, the bank is now rolling out the service to its entire customer base, leveraging technology collaborations to continue to deliver the highest standards of performance, security, and customer trust.

Ripple, the leading provider of digital asset infrastructure for financial institutions, announced its exchange partners and customers for RLUSD, an enterprise-grade, USD-denominated stablecoin created with trust, liquidity, and compliance at its core. Through strategic partnerships, RLUSD will be available globally for institutions and users on major global exchanges and platforms, including Uphold, Bitstamp, Bitso, MoonPay, Independent Reserve, CoinMENA, and Bullish.

Today, Ripple, the leading provider of digital asset infrastructure, announced the launch of new features and functionality to Ripple Custody, bringing the benefits of its market-leading bank-grade custody technology to fintechs and crypto businesses. The latest update includes a transaction screening service integration, added hardware security module (HSM) options, an XRPL integration for tokenizing Real World Assets (RWA), pre-configured policy frameworks, and improvements to the platform's usability and user interface.

Ripple, the leading provider of digital asset infrastructure, today announced the launch of Ripple Payments in Brazil. Mercado Bitcoin, Latin America's largest cryptocurrency exchange, will be the first customer in Brazil to utilize Ripple’s managed end-to-end payments solution, which enables businesses to easily leverage blockchain for faster, cheaper, more efficient cross-border payments in a secure manner. Customers can move funds across the globe 24/7, 365, and settle payments in a matter of minutes - reducing time and friction to make moving value dramatically more efficient.

Ripple, the leading provider of digital asset infrastructure, and Futureverse, a premier AI and metaverse technology and content company, announced plans to integrate Ripple Custody to enable Futureverse to securely custody its digital assets.

Ripple, the leading provider of digital asset infrastructure, announced today that Yonsei University in South Korea is the latest partner to join its University Blockchain Research Initiative (UBRI) program. This new partnership with one of South Korea’s most prestigious academic institutions marks Ripple's 58th UBRI partnership globally, and its 12th within the Asia Pacific region.

Ripple, the leading provider of enterprise blockchain and crypto solutions, announced today the end of its years-long fight with the U.S. Securities and Exchange Commission (SEC). In what is seen as a clear victory for Ripple, the Court issued a remedies order imposing a $125 million penalty for certain historic unregistered sales of XRP to sophisticated third party institutions - far below the unprecedented $2 billion in fines and penalties that the SEC requested.

Ripple, the leading provider of enterprise blockchain and crypto solutions, announced today a $25 million contribution to Fairshake, a federal super PAC committed to supporting pro-crypto, pro-innovation political candidates during the 2024 elections. This investment is in addition to the $25 million Ripple contributed to Fairshake in 2023. Ripple's contribution, along with those from other crypto firms and leaders, is part of an industry-wide effort to advance policies that support the next generation of financial innovation in the U.S.

Ripple, the leading provider of enterprise blockchain and crypto solutions, announced its plans to launch a stablecoin, pegged 1:1 to the US dollar (USD). Ripple’s stablecoin will be 100% backed by US dollar deposits, short-term US government treasuries, and other cash equivalents. These reserve assets will be audited by a third-party accounting firm, and Ripple will publish monthly attestations.

Ripple, the leader in enterprise blockchain and crypto solutions, announced today that it has agreed to acquire Standard Custody & Trust Company, an enterprise-grade regulated platform for digital assets. This move further underscores Ripple's commitment to regulatory compliance and enables the company to strengthen its existing product offerings, as well as explore new, complementary products.

Ripple, the leader in enterprise blockchain and crypto solutions, debuted today the evolution of its crypto-enabled cross-border payments solution, Ripple Payments, formerly known as RippleNet. Ripple Payments provides the enterprise-grade infrastructure required for businesses to leverage blockchain easily for faster, cheaper, more efficient cross-border payments without needing to be an expert.

Ripple, the leader in enterprise blockchain and crypto solutions, today announced that the Dubai Financial Services Authority (DFSA) has approved the digital asset XRP for use within the Dubai International Financial Centre (DIFC). Licensed virtual asset firms within the DIFC will now be able to incorporate XRP into their virtual asset services.

Ript, a brand produced by Colorado infused products manufacturer Ripple, continues its meteoric rise in Colorado with the launch of Ript on Rosin — premium live rosin gummies at an everyday affordable price.

Ripple, the leader in enterprise blockchain and crypto solutions, announced today that CEO Brad Garlinghouse and Executive Chairman Chris Larsen were cleared of all claims brought against them by the U.S. Securities and Exchange Commission (SEC). The SEC voted to dismiss charges with prejudice - a stunning capitulation by the government.

Today, Lifestyle Foods, Inc., a marijuana infused products manufacturer that produces two of Colorado’s best-selling edibles brands, Ripple and Ript, is introducing proposed marijuana rule changes in Colorado to remove the requirement that all METRC tags contain RFID chips. This long-overdue proposal will save Colorado marijuana businesses millions of dollars annually without any risk to the public health or safety.

Ripple, the leader in enterprise blockchain and crypto solutions, announced today it has agreed to acquire Fortress Trust, a subsidiary of Fortress Blockchain Technologies. Fortress Trust is a financial institution that provides licensed Web3 financial, regulatory and technology infrastructure for blockchain innovators.

Ripple, pioneer of clinically proven, fast-acting, water-soluble THC products, is announcing the highly anticipated launch of Ripsticks, the THC world’s first “Pixy Stix for adults.”

The Republic of Palau and Ripple have launched a limited stablecoin pilot. Palau and Ripple, the leader in enterprise blockchain and crypto solutions, started collaborating on exploring potential use cases in 2021. The U.S. Dollar-backed Palau Stablecoin (PSC) will be issued on the XRP Ledger (XRPL), a carbon-neutral blockchain that has been used to transact millions of transactions over the course of 10 years, enabling privacy and security for settlement and liquidity of tokenized assets. The pilot program will roll out in phases, with the first phase involving participation from about 200 government employees and local merchants in Palau.

From day one, Ripple has said the SEC's suit against the company (and its CEO and Chair) was baseless and yet another attempt to regulate through intimidation and enforcement. The Court’s July 13 decision is a landmark ruling, not just for Ripple, but for the entire U.S. crypto industry.

Ripple, pioneer of clinically proven, fast-acting, water-soluble THC products, has released its third offering in a series of small batch, live rosin collaborations. This latest drop is the result of a partnership with renowned cannabis extractor, DabLogic, and master artist, Ellie Paisley.

Ripple, the leader in enterprise blockchain and crypto solutions, today announced that its Singapore subsidiary Ripple Markets APAC Pte Ltd, has obtained In-Principle Approval of the Major Payments Institution License application from the Monetary Authority of Singapore (MAS). This license will allow Ripple to offer regulated digital payment token products and services in the city state, and further scale its customers' use of its crypto-enabled On-Demand Liquidity (ODL) service.

Ripple, the leader in enterprise blockchain and crypto solutions, announced today its collaboration with the Banco de la República, Colombia’s Central Bank, to explore blockchain technology use cases.

Ripple, the leader in enterprise blockchain and crypto solutions, today announced Warren Jenson is joining its Board of Directors. A seasoned CFO and operations leader, Jenson brings decades of experience in business at today’s most recognizable companies including Amazon, Delta Airlines, NBC, Electronic Arts and Nielsen to Ripple as the company continues to expand its presence in global markets. Jenson has also been appointed as the Chair of the Audit Committee, the coalition of independent experts overseeing the formal auditing process of Ripple’s operations.

Ripple, the leader in enterprise blockchain and crypto solutions, announced today that it has been selected to showcase a real estate asset tokenization solution as part of the Hong Kong Monetary Authority’s (HKMA) inaugural e-HKD Pilot Programme.

With more than 90% of countries exploring, developing and implementing Central Bank Digital Currencies (CBDCs) as a way to increase financial inclusion and lower the cost and risk of domestic and cross-border payment processes, today Ripple is announcing the Ripple CBDC Platform, a frictionless end-to-end solution for central banks, governments, and financial institutions to issue their own central bank digital currency. Leveraging the power of the same blockchain technology used on the XRP Ledger (XRPL), the enhanced platform will now allow its users to holistically manage and customize the entire life cycle of fiat-based central bank digital currency, transaction and distribution.

Ripple, the leader in enterprise blockchain and crypto solutions, announced today it has acquired Metaco, a Swiss-based provider of digital asset custody and tokenization technology. Diversifying into custody solutions is a milestone in Ripple’s business and product strategy, bringing new revenue opportunities to the company.

The Central Bank of Montenegro (CBCG) has agreed to collaborate with the enterprise crypto and blockchain solutions provider Ripple to develop a strategy and pilot programme to launch the country’s first digital currency in the form of a Central Bank Digital Currency (CBDC) or national stablecoin. Aligning with the CBCG’s core objectives, the digital currency’s introduction is another step forward to digitising financial services and fostering a world of greater financial accessibility for Montenegro’s citizens.

Ripple, pioneer of fast-acting, water-soluble THC, recently unveiled its first rebrand since launching in 2016, as well as the addition of Revive, a new CBG dissolvable product. The rebrand is the culmination of an internal effort harnessing years of industry research and consumer feedback. Ripple has long held a cult following in Colorado thanks to its uniquely convenient form factor and ability to deliver reliably enjoyable experiences. The updated brand matches Ripple’s unrivaled product performance with a visual presentation of the same caliber.

Ripple, the leader in enterprise blockchain and crypto solutions, today unveiled the second wave of creators to receive funding for their Web3, non-fungible token (NFT) projects through Ripple’s Creator Fund. With Web3 transforming the entertainment and media industry specifically in music, the selected Creator Fund projects will bring to life use cases for tokenization in these sectors by leveraging the power of XRP Ledger's low-cost, instant settlement, and built in royalty structures - maximizing value for creators and their communities to consume content.

Styngr, the first music integration platform for gaming and the metaverse, is excited to announce its partnership with blockchain developer onXRP and blockchain partner Ripple to launch a music integration in the upcoming free-to-play battle royale running game Maladroids on the XRP Ledger (XRPL). Set to release the first level this month, the collaboration will see an in-game radio station with a curated playlist of electronic dance music (EDM) in partnership with music label Armada Music, including an industry-first move to release new tracks from Tom Staar and Kryder, two major artists of the Genre.

Ripple, the leader in enterprise blockchain and crypto solutions, today announced a new office in Toronto that will serve as a key engineering hub. The new office will be Ripple’s first in Canada, supporting its continued growth in North America and beyond. The company plans to initially hire 50 engineers in Toronto with the goal to expand to hundreds of blockchain software engineers including applied machine learning scientists, data scientists, and product managers.

Today, Ripple, the leader in enterprise blockchain and crypto solutions, and FLUF World, a pioneer in 3D-enabled, content-rich NFT collections and experiences, announce an unprecedented partnership to bring to life “The Open Metaverse'' via the new decentralized blockchain network, The Root Network. The Root Network brings together best-of-breed components from the Web3 community with a deliberate focus on the user experience, which is why it will be built alongside the blockchain best suited to enable settlement and liquidity of tokenized assets at scale – the XRP Ledger (XRPL). XRPL will play a critical role in The Root Network by setting the standard for NFT functionality and utilizing XRP as the default digital asset for transaction activity in the network's multi token gas economy.

Ripple, the leader in enterprise blockchain and crypto solutions, today announced its commitment of $100 million to carbon markets. The funding will accelerate carbon removal activity and help modernize carbon markets through investments in innovative carbon removal companies and climate-focused fintechs. Ripple will also build a portfolio of additive, long-term, nature and science-based carbon credits, some of which will be used to meet its own commitment to achieve net zero by 2030 or sooner. In addition, the funding will continue to support new functionality and developer tools that enable carbon credit tokenization as core non-fungible tokens (NFTs) on the XRP Ledger (XRPL). This commitment will help progress towards globally agreed climate goals to limit global temperature rise to 1.5 degrees Celsius.

Ripple, the leader in enterprise blockchain and crypto solutions, today unveiled the final creators to join the first wave of Ripple’s Creator Fund. Selected Creator Fund projects exemplify the “problem-centered utility” of NFTs; for example, in media, carbon credit markets, real estate and beyond. Through Ripple’s Creator Fund, creators can more easily tap into the ultra-fast, low-cost, carbon-neutral XRP Ledger (XRPL) to bring their NFT projects to life.

Ripple, Colorado’s best known and most trusted water-soluble cannabis powders and gummies brand–and pioneer of fast-acting and clinically proven technology for 7+ years–is coming home to Michigan.

Ripple, the leader in enterprise blockchain and crypto solutions, is committing 1B XRP to accelerate development and new use cases on the XRP Ledger (XRPL). The fund is an extension to the XRPL Grants program which launched in 2021 and, to date, has awarded $6 million in total funding to more than 50 open-source projects built on the XRP Ledger.

Ripple, the leading provider of enterprise blockchain and cryptocurrency solutions, today announced Michael Warren is joining its board of directors. A former Senior Advisor in the White House during the Obama administration, Warren brings decades of leadership in financial services, international business, and government policy to Ripple as the company continues to champion regulatory clarity in the U.S. and expand its presence in global markets.

Allbridge, a cross-chain bridge with more than $500 million in total value locked, is integrating the XRP Ledger (XRPL) as its 12th blockchain, allowing for the seamless transfer of its native digital asset XRP across Ethereum, Avalanche, Solana, Terra, Polygon, Fantom, Binance Smart Chain, Celo, Aurora, Harmony and Heco.

Ripple, Colorado’s trusted cannabis edibles brand and pioneer of fast-acting and clinically proven technology, is leading the way in cannabis wellness with new Ripple Sleep QuickDissolves and Ripple Sleep QuickGummies.

Today Ripple, the leading provider of enterprise blockchain and crypto solutions, previewed Ripple Liquidity Hub, a new solution for enterprise customers, which will be launched in 2022. Ripple Liquidity Hub will allow customers to seamlessly access crypto assets from a variety of global venues, including market makers, exchanges, OTC desks and in the future decentralized venues. The product will support turn-key integration and smart order routing to source digital assets at optimized prices giving customers the ability to easily buy, sell, and hold crypto assets.

Ripple, a leading brand of cannabis edibles, is advancing scientific understanding of how “real world” cannabis products work. The findings of a recent independent human clinical study on THC edibles help to add transparency to the cannabis industry for the benefit of consumers.

Ripple, the leading provider of enterprise blockchain and crypto solutions that are faster, more transparent and more cost-effective, today announced a $250 million fund to provide creators with the financial, creative and technical support needed to explore and craft premium non-fungible token (NFT) and other tokenization projects on the XRP Ledger.

Ripple, the leading provider of enterprise blockchain and cryptocurrency solutions for global payments, announced today the launch of RippleNet’s first live On-Demand Liquidity (ODL) service implementation in Japan, in collaboration with SBI Remit Co., Ltd, the largest money transfer provider in Japan, and one of the leading mobile wallet services in the Philippines, Coins.ph.

Ripple, the leading provider of enterprise blockchain and cryptocurrency solutions for global payments, today announced two new appointments to its leadership team. Rosa “Rosie” Gumataotao Rios, 43rd Treasurer of the United States, joins the Ripple Board of Directors and Kristina Campbell joins as Chief Financial Officer.