In brief
- Ripple secured a $200 million debt facility from Neuberger Specialty Finance to expand Ripple Prime, its institutional prime brokerage platform.
- Ripple Prime has tripled revenue year over year since Ripple acquired Hidden Road in 2025, fueled by growing institutional demand for digital asset services.
- The funds will increase Ripple Prime’s lending capacity to clients operating across traditional and digital markets.
Crypto payments company Ripple has secured a $200 million debt facility from Neuberger Specialty Finance to expand its institutional prime brokerage platform, the company announced Monday, as demand for professional-grade digital asset services continues to climb.
The financing, provided by funds managed by Neuberger…
