RippleNet Deep Dive: Non-bank financial institutions

Much is being said about XRP, Ripple's digital asset, but little is known about the entities that form Ripple's network. Here we present a deep dive into RippleNet partner non-banking institutions, their finances, beneficial owners, consumer demand, and, potential regulatory exposures. The risk profile of payments and forex network operators presents different degrees of uncertainty, as non-banks are often less regulated than other financial institutions (and the nature of information is largely private). Investors and operators use these insights for risk pricing and to inform their decisions, to take advantage of this novel technology while having capital preservation at heart.