Ripple Secures $200 Million to Expand Institutional Prime Brokerage
Ripple has secured a $200 million credit facility from Neuberger Berman to expand Ripple Prime, its institutional prime brokerage platform formerly known as Hidden Road. Acquired in 2025 for $1.25 billion, the unit has seen revenue triple due to rising demand for margin financing in digital and traditional assets. This funding enhances lending capacity for institutional clients like hedge funds, signaling growing integration between traditional finance and cryptocurrency infrastructure. The move strengthens Ripple’s competitive position in the evolving institutional crypto market.
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Ripple Prime Secures $200 Million for Institutional Lending
Ripple Prime, the institutional arm of blockchain technology company Ripple, has successfully secured $200 million in funding dedicated to expanding its institutional lending capabilities. This significant financial injection aims to bolster liquidity and support growing demand from institutional clients within the digital asset space. The development follows Ripple's strategic acquisition of the prime broker Hidden Road for $1.25 billion in 2025, a move designed to integrate traditional prime brokerage services with crypto-native infrastructure. By combining Hidden Road's established multi-asset trading platform with Ripple's blockchain expertise, Ripple Prime seeks to offer comprehensive custody, trading, and lending solutions to hedge funds, family offices, and other institutional investors. This funding round underscores the increasing institutional adoption of cryptocurrency services and highlights Ripple's aggressive expansion strategy in the regulated financial sector. The capital will likely be utilized to enhance risk management frameworks, expand product offerings, and ensure compliance with evolving global regulatory standards. As the digital asset market matures, such investments signal a strong confidence in the long-term viability of institutional crypto infrastructure, positioning Ripple Prime as a key competitor in the burgeoning field of digital asset prime brokerage and lending services.
Tech in AsiaRipple Secures $200M Credit Line to Expand Institutional Prime Brokerage
Ripple has successfully secured a $200 million credit facility from funds managed by Neuberger Berman, a global investment manager with over $560 billion in assets under management. This strategic financing aims to significantly expand the lending capacity of Ripple Prime, the company's institutional prime brokerage business. The additional capital will enable Ripple Prime to offer enhanced margin lending and other brokerage services to hedge funds, trading companies, and institutional clients operating across both cryptocurrency and traditional financial markets. This move underscores the growing demand for sophisticated financing services within the digital asset sector. Ripple Prime, formerly known as Hidden Road, was acquired by Ripple in 2025 for approximately $1.25 billion, marking the first acquisition of a global prime broker by a crypto-native firm. Since the acquisition, the unit has reportedly tripled its revenue. The expansion also coincides with deeper integrations, such as with crypto exchange Bullish, allowing users to trade Bitcoin options using Ripple USD (RLUSD) stablecoins as collateral. This development highlights Ripple's continued effort to bridge institutional finance with digital assets.
Cointelegraph.com NewsRipple Secures $200 Million Credit Line for Ripple Prime Brokerage
Ripple has secured a $200 million debt facility from funds managed by Neuberger Specialty Finance to expand its rebranded prime brokerage unit, Ripple Prime. Formerly known as Hidden Road, which Ripple acquired in 2025 for approximately $1.25 billion, the platform has seen its revenue triple year-over-year due to increased institutional demand for financing solutions. The new credit line will be used to enhance lending capacity and support margin financing for institutional clients operating across both digital and traditional asset classes. This strategic move underscores Ripple's intent to compete more directly with established institutional platforms by strengthening its balance sheet and deepening service offerings. Peter Sterling, Head of Neuberger Specialty Finance, highlighted the deal as a testament to Ripple Prime’s unique position at the intersection of traditional finance and expanding digital markets. The agreement allows Ripple to draw funds based on client demand, aiming to meet the growing need for stable capital access among hedge funds and trading firms.
News – Finance Magnates | Financial and business newsRipple Secures $200 Million Financing to Expand Institutional Crypto Brokerage
Ripple, the prominent blockchain technology company closely associated with the XRP cryptocurrency, has successfully secured a $200 million financing facility from Neuberger Specialty Finance. This strategic financial injection is specifically designated to fuel the growth and expansion of Ripple's prime brokerage platform, which caters to institutional clients in the digital asset space. The move underscores Ripple's continued commitment to strengthening its infrastructure for institutional investors, aiming to provide more robust liquidity and trading services within the crypto ecosystem. By leveraging this capital, Ripple intends to enhance its competitive position in the institutional market, facilitating greater adoption of digital assets among traditional financial entities. The announcement comes amidst a dynamic market environment, where XRP has shown positive price movement, reflecting investor confidence in the company's strategic developments. This financing deal highlights the increasing intersection between traditional finance structures and the evolving cryptocurrency landscape, as established firms like Neuberger Specialty Finance engage more deeply with blockchain innovators. The expansion of the prime brokerage platform is expected to offer improved access to various digital assets, supporting the broader institutionalization of the crypto industry.
DecryptRipple Secures $200 Million from Neuberger Berman to Expand Ripple Prime
Ripple has announced a strategic agreement with global asset manager Neuberger Berman to secure a $200 million funding facility. This capital injection is specifically designated to expand Ripple Prime, the company's multi-asset prime brokerage platform. The platform, formerly known as Hidden Road, was acquired by Ripple in 2025 for $1.25 billion and subsequently rebranded. According to Ripple, revenue from Ripple Prime has tripled year-over-year, driven by increasing demand for margin financing services in both traditional and digital asset markets. This development highlights the growing institutional interest in cryptocurrency infrastructure, paralleling similar initiatives by major financial institutions like State Street and Standard Chartered. The funding follows Ripple's recent $500 million fundraising round, which valued the company at $40 billion. By bolstering its prime brokerage capabilities, Ripple aims to solidify its position in the evolving landscape of digital asset trading and institutional finance, catering to the needs of professional traders and institutional clients seeking integrated solutions for diverse asset classes.
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