Ripple secures $200M from Neuberger Berman to expand its Ripple Prime trading platform

Ripple has raised $200 million from global investment firm Neuberger Berman to expand its Ripple Prime platform, which offers margin financing for trading in traditional and digital assets. Since acquiring and rebranding Hidden Road as Ripple Prime in 2025, the platform's revenue has tripled year over year, reflecting growing institutional demand. This funding will support Ripple Prime's growth by increasing margin capacity and improving capital efficiency, amid rising interest in crypto from major financial firms. Ripple continues its expansion after a recent $500 million raise valuing the company at $40 billion.