Sydney, Australia, March 11, 2026 — Ripple, a provider of blockchain-based enterprise solutions across traditional and digital finance, today announced plans to secure an Australian Financial Services License (AFSL), further expanding its regulated footprint in Asia Pacific. The license enables Ripple to expand its payments offering in Australia enabling financial institutions, fintechs, and enterprises seeking faster, more efficient ways to move value across borders while operating within established regulatory frameworks.
“Licensing is fundamental to Ripple’s strategy, ensuring we can deliver secure, compliant solutions to customers worldwide,” said Fiona Murray, Managing Director, Asia Pacific, Ripple. “Australia is a key market for Ripple, and an AFSL strengthens our ability to scale Ripple Payments across the region. By leveraging blockchain technology and digital assets, we enable customers to move value globally with greater speed, transparency, and reliability. We remain focused on working closely with regulators to support the next phase of growth for digital asset infrastructure.”
Ripple will obtain its AFSL through the acquisition of BC Payments, strengthening its ability to offer a licensed, end-to-end platform for moving funds globally. With the AFSL in place, Ripple Payments can manage the full lifecycle of a transaction, from onboarding and compliance through funding, FX, liquidity management, and final payout, while integrating both traditional banking rails and digital assets.
This will allow Ripple to directly oversee settlement, connect customers to local payout partners, and optimize transaction routing, delivering faster time to settlement, greater transparency, and reduced counterparty risk. This enables customers to benefit from a single integration into Ripple’s infrastructure without needing to manage multiple intermediaries or the underlying blockchain technology themselves.
Ripple’s APAC payments volume nearly doubled year-on-year in 2025, reflecting strong regional momentum. The company works with leading financial institutions modernizing their payments infrastructure, including Australian customers such as Hai Ha Money Transfer, Stables, Caleb & Brown, Flash Payments and Independent Reserve.
Ripple now has more than 75 regulatory licences around the world, making it one of the most licensed crypto companies. Few other digital assets companies come close to this level of regulatory oversight, putting Ripple in a strong position to scale its digital assets solutions to support institutions as they move from legacy technology to modern digital asset infrastructure. The company continues to work closely with regulators and policymakers across the region and actively participates in initiatives such as Project Acacia, led by the Reserve Bank of Australia and the Digital Finance Cooperative Research Centre.
About Ripple
Founded in 2012, Ripple is the leading provider of blockchain-based enterprise solutions across traditional and digital finance. Its solutions span global payments, custody, liquidity, and treasury management, serving as a one-stop shop for moving, storing, exchanging, and managing value. Ripple’s stablecoin, RLUSD, and the cryptocurrency XRP underpinning these solutions allow Ripple and its customers to shape the modern financial system.