
Ripple Prime, Ripple's prime-brokerage unit, has obtained up to $200 million in financing from Neuberger Berman to expand margin trading services for institutional clients across crypto, equities, fixed income, and foreign exchange markets. This credit facility supports Ripple's strategy to integrate multi-asset trading and credit under one platform, following its acquisition of Hidden Road and expansion into U.S. digital asset trading. The funding will enable Ripple Prime to offer greater margin capacity based on client demand, enhancing its role in institutional finance. This move aligns with Ripple's broader push into custody, treasury, and wallet infrastructure for institutional investors.