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Ripple Secures $200M Credit Line, Boosts Institutional Crypto Trading

Ripple Secures $200M Credit Line, Boosts Institutional Crypto Trading

Published 2 weeks ago
Description

Ripple secures $200M credit line from Neuberger Berman, boosting its Ripple Prime brokerage arm for margin lending and financing. This move follows Ripples 2025 acquisition of Hidden Road, tripling Ripple Primes revenue. Neuberger Berman, managing $560B, sees potential in crypto financing. Ripple Primes partnership with Bullish offers direct access to regulated Bitcoin options trading, using stablecoins like Ripple USD. This positions Ripple Prime as a hub for institutions bridging digital and legacy markets, driving growth.

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