Market
Will Ripple partner with a major US bank by mid-2025?
3
Resolution / Starting Odds
Yes • 50%
No • 50%
Official press releases from Ripple or the partnering bank
Story
Ripple Secures Over 50 MTLs in US, Including New York and Texas, Amid 2025 Growth
Jan 27, 2025, 03:24 PM
Ripple has secured Money Transmitter Licenses (MTLs) in New York and Texas, marking a significant expansion of its operations in the United States. These licenses bring Ripple's total number of MTLs in the US to over 50, enhancing its ability to offer cross-border payment solutions compliant with local regulations. The company is also ramping up hiring across the US and has onboarded new customers in 2025, indicating further growth plans. The acquisition of these licenses in New York and Texas, states known for their stringent regulatory requirements, underscores Ripple's commitment to regulatory compliance and its strategic focus on the US market.
View original story
Similar markets
JP Morgan • 25%
Bank of America • 25%
Other • 25%
HSBC • 25%
Goldman Sachs • 25%
Morgan Stanley • 25%
JPMorgan Chase • 25%
Other • 25%
