Ripple Prime secures $200M credit to boost institutional margin trading across assets

Ripple Prime, Ripple's brokerage arm, has secured a $200 million credit facility from Neuberger Berman to expand its margin trading capabilities for institutional investors. This funding will allow Ripple Prime to offer deeper liquidity and unified credit lines across multiple asset classes, including crypto and traditional equities. The move follows Ripple's $1.25 billion acquisition of Hidden Road and aligns with growing regulatory support for cryptocurrency trading in the U.S. Ripple Prime aims to strengthen its position ahead of competitors like State Street and Standard Chartered, who are also entering crypto brokerage services.