Ripple Secures $200M Credit Line for Prime Brokerage
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- Ripple secured a $200 million credit facility from funds managed by Neuberger Berman to expand its institutional prime brokerage.
- Ripple Prime will use the new capital to increase margin loans and financing for hedge funds and trading firms across crypto and traditional markets.
- Ripple’s acquisition of Hidden Road in 2025 has tripled revenue for its prime brokerage unit.
- Bullish expanded its integration with Ripple Prime to let institutional clients trade regulated Bitcoin options using RLUSD as collateral.
- RLUSD stablecoin’s market value exceeds $1.5 billion.
Why it matters: Institutional hedge funds and trading firms gain $200 M of extra margin financing, while Ripple Prime scales its revenue stream; the boost deepens crypto liquidity and pressures rival prime brokers to secure comparable funding.
