2g fa
Ripple Prime secures $200M Neuberger Berman debt facility for margin trading
Ripple's prime brokerage arm, Ripple Prime, has obtained a $200 million asset-backed debt facility from Neuberger Berman to expand margin trading for institutional clients. The credit line is designed to fund leveraged exposure across equities, fixed income, and crypto, and will be drawn in tranches based on client borrowing demand. The move follows Ripple's earlier 2026 acquisition of Hidden Road for $1.25 billion, positioning the unit to compete more directly with traditional prime brokers.