Ripple secures $200M debt facility to boost prime brokerage lending capacity

Ripple has obtained a $200 million debt facility from Neuberger Specialty Finance to expand Ripple Prime, its multi-asset prime brokerage platform serving institutional clients. This facility provides Ripple Prime with flexible credit to meet growing client demand for margin financing and capital access. The move follows Ripple's 2025 acquisition of Hidden Road, which has helped triple Ripple Prime's revenue year-over-year. This expansion strengthens Ripple's institutional offerings alongside its payments, custody, and stablecoin services, positioning it for broader market impact by mid-2026.