Ripple Prime receives BBB rating from KBRA

Credit rating agency KBRA has assigned a BBB rating to Ripple Prime, a prime brokerage platform for institutional investors, the agency announced on its official website. KBRA explained that Ripple Prime is delivering meaningful performance from its exchange-traded derivatives (ETD) platform, launched in 2024, and its expanded repo and short-term treasury-focused business, which scaled up in 2025. The rating is based on the platform's business model, which is currently in a growth phase.