Ripple has secured a $200 million funding facility from Neuberger Berman to enhance its Ripple Prime platform, which has seen its revenue triple since its acquisition of Hidden Road in 2025. This capital will be directed towards expanding margin financing options for trading in both traditional and digital asset markets, reflecting a growing institutional demand for comprehensive prime brokerage services.
The funding underscores a notable trend of increasing institutional interest in the cryptocurrency space, as major financial firms like State Street and Standard Chartered develop their own digital-asset platforms. Ripple’s recent $500 million fundraising round, which valued the company at $40 billion, further emphasizes the momentum in the sector. With approximately $570 billion in assets under management, Neuberger Berman’s involvement signals confidence in Ripple’s innovative approach to combining fintech technology with robust compliance frameworks.
For market professionals, this development highlights the evolving landscape of crypto finance, suggesting that institutional engagement will likely continue to drive innovation and growth in digital asset services.
Source: coindesk.com