Kroll assigns Ripple Prime a "Medium Quality" BBB rating, indicating the lowest investment grade.

2026-04-02 17:43:24

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ME News message, April 3 (UTC+8), ME News message, April 3 (UTC+8), Kroll bond rating agency (KBRA) rated Ripple Prime’s U.S. broker-dealer and holding company as “moderate quality” BBB, which is the lowest investment grade. Ripple Prime provides integrated trading, lending, and settlement services for institutional investors. KBRA noted that the rating reflects that its business is still in the “expansion phase,” with revenue primarily concentrated in the clearing of exchange derivatives and short-term Treasury financing. (Source: ChainCatcher)

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