Ripple Prime Gains Fresh Lending Power
Ripple Prime has secured a $200 million debt facility from funds managed by Neuberger Specialty Finance. The move gives the company more capital to support institutional clients across crypto and traditional markets.
The facility, announced on May 11, will help Ripple Prime expand its margin financing and prime brokerage services. Its clients include:
- Hedge funds
- Trading firms
- Institutional investors
- Market participants active in crypto and traditional assets
Ripple said the debt facility allows Ripple Prime to draw up to $200 million as customer demand grows. Therefore, the company can offer more financing to clients that need access to reliable capital.
Ripple Expands Beyond Payments
Ripple has long been known for blockchain payments. However, the company has been moving deeper into institutional financial services.
Ripple Prime was created after Ripple acquired Hidden Road in 2025. That deal gave Ripple a stronger position in clearing, financing, and trade execution services.
Since the acquisition, Ripple said the platform has tripled its revenue year over year. This growth shows rising demand for trusted institutional crypto infrastructure.
For many professional traders, access to strong financing matters as much as fast execution. A hedge fund, for example, may need capital to manage positions across Bitcoin, Ethereum, and traditional assets. Ripple Prime aims to serve that need.
Institutional Crypto Demand Keeps Rising
Noel Kimmel, president of Ripple Prime, said balance-sheet strength and reliable financing have become more important for institutions. Neuberger Specialty Finance’s support also highlights a wider trend in finance.
Traditional credit firms are now moving closer to digital asset companies. As a result, crypto and Wall Street infrastructure continue to overlap.
The deal may help Ripple deepen relationships with professional investors. Furthermore, it could position Ripple Prime as a stronger bridge between digital assets and traditional capital markets.
