Founded in 2012, Ripple is a technology company focused on building a more inclusive and sustainable financial system. Its primary product is RippleNet, a global payments network that allows financial institutions to process their customers' payments anywhere in the world instantly, reliably, and cost-effectively using blockchain technology. The company is also a major contributor to the open-source XRP Ledger, a decentralized public blockchain, and promotes the use of its native digital asset, XRP, for providing on-demand liquidity in cross-border transactions. Ripple has since expanded its services to include solutions for Central Bank Digital Currencies (CBDCs) and asset tokenization.