Ripple raises $275 million to fund prime brokerage expansion
Ripple has raised $275 million through an upsized senior note offering by Ripple Prime to fund the brokerage unit’s expansion across financing, clearing, and other...
Tag : Prime
Ripple raises $275M for US prime brokerage to meet institutional demand
Ripple said the $275 million raised will support its expansion into traditional financial services such as prime brokerage and multi-asset clearing, citing strong demand from...
NAVI Prime launches institutional lending framework on Sui
NAVI Protocol has launched NAVI Prime, a Sui-based lending framework designed for funds seeking more clarity, transparency, and control over capital management. Summary NAVI Prime...
US Government Moves $288M in Seized Crypto to Coinbase Prime
In brief The U.S. government moved $288 million in seized Bitcoin and Ethereum to Coinbase Prime on Monday, according to on-chain tracker Arkham. The transfers...
US government moves $297M in seized Bitcoin, Ether to Coinbase Prime
The transfers have raised questions over Trump’s Bitcoin reserve pledge, though deposits to Coinbase Prime do not confirm an impending sale. The US government moved...
US moves seized Alameda funds to Coinbase Prime
The US government has transferred nearly $984,000 in cryptocurrency linked to Alameda Research and FTX. The US transferred nearly $984K in seized FTX and Alameda-linked...
Grayscale shifts $112m in Bitcoin to Coinbase Prime amid ETF flow churn
Grayscale has transferred roughly $112 million in Bitcoin to Coinbase Prime, adding to a steady drumbeat of institutional-sized flows hitting centralized venues this year. Summary...
Swan Bitcoin sued for nearly $1B over pre-bankruptcy transfers from Prime Trust
The post-bankruptcy trust for Prime Trust has filed suit against Swan Bitcoin, alleging the Bitcoin services company exploited insider knowledge to pull nearly $1 billion...
Swan Bitcoin Hit With Nearly $1 Billion Lawsuit Over Prime Trust Collapse
In brief PCT Litigation Trust sued financial services firm Swan Bitcoin seeking repayment of nearly $1 billion in assets. The lawsuit alleges that Swan used...
Ripple receives $200M credit line to expand institutional prime brokerage
Ripple has secured a $200 million credit facility from funds managed by Neuberger Berman to expand the lending capacity of its institutional prime brokerage business,...