Ripple Labs Inc.

Ripple is an American technology company specializing in enterprise blockchain products and crypto solutions for businesses. Founded in 2012, its core mission is to enable global financial institutions, businesses, governments, and developers to store, move, and exchange value, striving to create a more inclusive financial system and an "Internet of Value." The company is headquartered in San Francisco, California, at 315 Montgomery Street.

Ripple offers a suite of solutions designed to modernize financial infrastructure, including Ripple Payments for real-time cross-border transactions using stablecoins, crypto, and local currencies. Its offerings also encompass digital asset custody solutions, the RLUSD stablecoin, prime brokerage services, treasury management tools, and the tokenization of real-world assets, all leveraging the XRP Ledger (XRPL). Ripple primarily targets institutional and sovereign clients, such as Tier 1/2 banks, Payment Service Providers (PSPs), Central Banks, crypto-native enterprises, and fintechs.

Led by CEO Brad Garlinghouse and President Monica Long, Ripple has been actively expanding its global footprint and product offerings. In May 2023, the company acquired crypto custody firm Metaco for $250 million, followed by the acquisitions of stablecoin payment firm Rail, multi-asset prime broker Hidden Road, and global treasury management system GTreasury in late 2025. Ripple secured a license from Singapore's central bank in June 2023 and a significant license in Dubai (DIFC) in June 2026, enhancing its presence in key financial hubs. Recent initiatives include the June 2026 launch of the XRP Ledger AI Starter Kit, enabling AI agents to utilize XRP and RLUSD for machine-to-machine payments. While the company aims to integrate XRP into institutional payment infrastructure, the XRP cryptocurrency has experienced significant market volatility, with a 43% year-to-date drop as of June 2026.