Ripple Secures $200M Credit Facility to Expand Institutional Prime Brokerage
Cointelegraph
Ripple has obtained a $200 million credit facility from Neuberger Berman to scale its Ripple Prime institutional brokerage services and financing capabilities.Summary
Ripple has secured a $200 million debt facility from funds managed by Neuberger Berman to enhance the lending capacity of Ripple Prime, its institutional brokerage unit. This capital infusion will enable the company to provide increased margin loans and financing products to hedge funds and trading firms. The move follows Ripple's 2025 acquisition of Hidden Road, which helped establish its presence in institutional market infrastructure. Ripple Prime has recently expanded its offerings, including an integration with Bullish to facilitate Bitcoin options trading, while leveraging the growing adoption of its Ripple USD (RLUSD) stablecoin.
(Source：Cointelegraph)