TL;DR:
- Ripple Prime secured a $200 million debt facility from Neuberger Berman to increase its institutional margin lending capability.
- The platform will be capable of supply a single unified credit score line to function throughout equities, mounted revenue and digital belongings.
- Prime is the results of the $1.25 billion acquisition of Hidden Highway.
Ripple Prime secured a $200 million asset-based debt facility with the specialised finance group of Neuberger Berman, with the purpose of increasing its margin lending capability for institutional purchasers. In keeping with Bloomberg, the ability can be utilized in full or partly, relying on financing demand throughout equities, mounted revenue and crypto belongings.
In keeping with the report, Ripple Prime deploys margin loans as collateral inside its personal financing construction. Noel Kimmel, president of the agency, described it as “a single construction, a single credit score line, throughout main asset lessons,” and argued that the platform’s infrastructure should replicate the truth that institutional purchasers don’t function with “siloed dangers or portfolios.”
Ripple’s First Prime Dealer within the Institutional Market
The financing comes months after Ripple launched its digital asset prime brokerage platform for the U.S. market in November 2025, following the acquisition of Hidden Highway for $1.25 billion, one of many largest transactions within the historical past of the crypto business.
That transaction merged Hidden Highway’s multi-asset licenses and infrastructure with Ripple’s expertise to supply unified clearing, financing and execution throughout digital belongings, currencies, derivatives and stuck revenue.
The deployment additionally passed off days earlier than the corporate introduced a $500 million funding spherical at a $40 billion valuation, led by Fortress Funding Group and Citadel Securities, with participation from Galaxy Digital, Pantera Capital, Brevan Howard and Marshall Wace.
In February 2026, Ripple built-in Hyperliquid into its platform, marking the primary direct integration with a decentralized finance protocol. Via the connection, purchasers can entry Hyperliquid’s onchain derivatives markets and handle these positions alongside their exposures on centralized platforms and conventional markets, all underneath a single margin framework.
