XLU

2026-07-06 17:13:20

KBRA Assigns BBB Investment Grade Rating to Ripple Prime, XRP Regains Top 4 Market Cap

KBRA (Kroll) assigns BBB investment grade rating to Ripple Prime, Ripple's prime brokerage arm, recognizing its financial strength and business expansion. The rating lowers barriers for traditional counterparties, boosting Ripple's role as a bridge between TradFi and DeFi. XRP rises to $1.31, reclaiming top 4 market cap.

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KBRA Assigns BBB Investment Grade Rating to Ripple Prime, XRP Regains Top 4 Market Cap
2026-07-06 17:13:20

KBRA Assigns BBB Investment Grade Rating to Ripple Prime

KBRA assigns a BBB investment grade issuer rating to Ripple Prime (formerly Hidden Road), highlighting its financial strength and expansion. The rating allows counterparties to trade under standard credit frameworks and supports XRP's market cap recovery.

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KBRA Assigns BBB Investment Grade Rating to Ripple Prime