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Altcoins News

Ripple Raises $275 Million for Prime Expansion

Ripple Raises $275 Million for Prime Expansion

The financing follows the Hidden Road acquisition and is meant to speed up Ripple Prime’s U.S. clearing and prime brokerage services. KBRA gave the notes a BBB rating.

Altcoins (Alternative Coins) are all cryptocurrencies other than Bitcoin.

Altcoins can serve different purposes, such as smart contracts, payments, DeFi, gaming, or privacy. They often offer new applications, but also come with additional risks.