Wall Street Just Gave Ripple (XRP) a Big Vote of Confidence: What the New BBB Rating Really Means

Ratings agency KBRA assigned a BBB issuer rating to Ripple Prime (formerly known as Hidden Road), which is the company’s prime brokerage arm. This major credibility win in traditional finance for the entity behind XRP and RLUSD comes shortly after its CEO, Brad Garlinghouse, praised Ripple Prime’s progress since last year’s acquisition. Why Such a Rating The investment-grade rating, announced earlie…