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Ripple Subsidiary Secures NYDFS BitLicense Approval

  • Ripple's subsidiary, Anchorage Digital NY, LLC, has been approved for a BitLicense by the NYDFS.
  • Anchorage Digital can now provide institutions in New York with secure and cost-effective trading solutions.
  • This approval sets a new standard for regulated crypto trading and reinforces Ripple's commitment to compliant digital asset infrastructure.
  • Ripple is also launching its stablecoin, Ripple USD (RLUSD), backed by U.S. government bonds and launching on global markets.

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