Ripple Reports Banner Year Approaching $900M Annual Product Revenue Run Rate, Signs Multi-Solution Partnerships with BNY, Robinhood and More
Kicking off Ripple Swell 2026, Ripple receives final approval from the OCC for a National Trust Bank charter
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Ripple, the leading provider of blockchain solutions across traditional and digital finance, today reported the company is on track to exit 2026 with $900 million in annualized product revenue. Combining native product growth and strategic acquisitions in 2025, the company’s focus this year is integration – and the results speak for themselves. With over $16 trillion in transactions enabled across Ripple’s products in 2025, the opportunity to convert this volume onto digital rails is historic.
With over 85 licenses, Ripple has built end-to-end digital asset infrastructure that gives 1,700+ institutions, corporates and enterprises always-on access to move, manage, hold and tokenize value. This year, Ripple has seen 3X growth in customers and partners such as BNY, DriveWealth, Robinhood, and Water.org using multiple solutions together including payments, custody, stablecoin, prime brokerage and treasury management.
“As traditional and digital finance converge, market infrastructure is migrating to modern rails. Settlement is moving to real-time, 24/7, and tokenized assets can be traded, financed and used as collateral,” said Brad Garlinghouse, CEO of Ripple. “Ripple is at the epicenter of this massive transformation to rewire the world’s financial system, solving the inefficiencies that have slowed money movement for decades with digital assets like XRP. Others focus on individual pieces of the puzzle – Ripple is bringing all of that together, with our partners, to enable the Internet of Value.”
A Compliance-First Approach to Holding and Moving Value Globally
The foundation of Ripple’s business is enabling blockchain infrastructure to help businesses move money between their global accounts more efficiently, 24/7. With 60+ payout markets and the network approaching $150 billion in lifetime volume by year end, Ripple Payments and Custody allow banks and fintechs such as DBS, HSBC, FirstRand Bank, and Standard Chartered to move and manage their assets around the world. This includes accepting and collecting stablecoins, securely storing assets, and/or paying out in their preferred currency through end-to-end rails with managed custody technology, and institutional trading and liquidity capabilities via Ripple OTC.
Ripple USD (RLUSD) remains the gold standard for reserves and compliance among USD stablecoins, as Ripple receives final approval from the Office of the Comptroller of the Currency for chartering Ripple National Trust Bank (RNTB), a federally supervised national trust bank. Now at a $2.6 billion market cap, up more than 88% year to date, RLUSD is utilized across all of Ripple’s solutions as an enterprise-grade, regulated digital dollar, and trusted as the stablecoin facilitating onchain repo markets. RLUSD is now available across the world’s largest crypto exchanges and trading platforms, including Coinbase, Robinhood, Binance, Kraken and OKX, and partnerships with Cross River and Mastercard are expanding its role in payment settlement.
Extending Always-On Finance Across Treasury and Capital Markets
The growth of 24/7 markets is enabled through around-the-clock access to venues and asset classes that can be cross-margined. Ripple Prime plays a vital role in providing capital efficiencies across pools of liquidity for the underlying assets being traded. As institutions look to trade derivatives like real-world asset (RWA) perpetual futures and access prediction market venues, this connective tissue is key for broad adoption and scale. Ripple Prime is enabling support for event contracts, and RWA perpetual futures, through the settlement, financing and clearing of transactions across venues and trading partners, including Jump Trading, Kalshi, Hyperliquid, Virtu, and Rothera. Clients now have one prime brokerage platform spanning equities, FX, futures, fixed income and digital assets, with a single point of access, financing and clearing across traditional and digital markets.
With digital rails powering instant global settlement, the opportunity to bring stablecoins and digital asset rails to streamline corporate treasury flows is growing rapidly. Ripple Treasury introduced a new platform for the office of the CFO, powered by an orchestration layer that connects cash management, forecasting, liquidity, and payments. The launch includes 24/7 Returns, enabling customers to put idle operating cash to work outside banking hours through RLUSD, tokenized money market funds on XRP Ledger (XRPL), and Ripple’s institutional liquidity infrastructure. Serving more than 1,000 customers across 160 countries, Ripple Treasury is helping businesses such as American Airlines and Trax automate workflows and manage money around the clock.
Building on the Blockchain Designed for Movement of Value
Ripple’s products and solutions provide the full stack of enterprise financial infrastructure, built on the XRPL, a public blockchain designed for the efficient movement of value. Ripple, alongside the XRP community, continues to expand XRPL’s capabilities across payments, collateral and liquidity, and credit and financing. New features like Permissioned Delegation and Batch Transactions give institutions greater control over account permissions and privacy.
Building on capital markets use cases with Aviva Investors and Franklin Templeton and DBS, Ripple and BNY are expanding their collaboration to advance tokenized trade finance on the XRPL, starting with a supplier finance initiative with C2FO. Wallet infrastructure is also expanding how businesses and developers use the XRPL – for example, Privy, a Stripe company, is supporting payments with XRP, RLUSD and other digital assets on the XRPL through programmable wallets, including for AI agents.
Digital Asset Utility Grows with Awareness
As Ripple kicks off its 10th annual Swell event, bringing together over 1,500 financial institutions, builders, asset managers, regulators and XRP enthusiasts, the company is also launching a global campaign to bring awareness of digital asset utility to modernize global finance with actor, producer and businessman, Miles Teller.
Ripple is rewiring the global financial system and making the Internet of Value – where value moves the same way information does today – a reality. Learn more at ripple.com
Product availability varies by jurisdiction. Please check with your Ripple representative for more information.
About Ripple
Founded in 2012, Ripple is a leading provider of blockchain solutions rewiring the global financial system. With over 85 licenses, Ripple provides a single trusted entry point for enterprises with payments, custody, prime brokerage and treasury management solutions. Ripple’s stablecoin, RLUSD, and the digital asset XRP underpin these capabilities, enabling Ripple and its customers to bridge the worlds of traditional and digital finance.
View source version on businesswire.com: https://www.businesswire.com/news/home/20261028398379/en/
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