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Ripple secures $200 million debt facility to expand prime brokerage lending capacity

Crypto Briefing
Ripple has obtained a $200 million debt facility from Neuberger Specialty Finance to scale the lending operations of its Ripple Prime brokerage platform.

Summary

Ripple has secured a $200 million debt facility from Neuberger Specialty Finance to bolster the lending capacity of Ripple Prime, its multi-asset institutional brokerage platform. This initiative follows Ripple's acquisition of Hidden Road in 2025, which has since seen revenue triple. The credit line is designed to provide greater margin capacity and capital efficiency as Ripple expands its institutional service offerings, which already include payments, custody, and the RLUSD stablecoin.

(Source:Crypto Briefing)