The institutional arm of Ripple, Ripple Prime US, has reportedly received a “BBB” rating from KBRA (Kroll Bond Rating Agency).
The rating reflects several key factors, including improving profitability, growing derivatives activity, and expansion into Treasury repo markets.
Additionally, approximately $500 million in capital support from Ripple has strengthened the entity’s financial profile and credibility.
A BBB rating generally indicates investment-grade status, albeit at a mid-tier level, suggesting moderate risk with relatively solid fundamentals.
In conclusion, this development signals that major crypto players are increasingly building financial structures aligned with traditional institutional standards.