Ripple has secured a US$200 million debt facility from Neuberger Specialty Finance to expand the lending capacity of its institutional prime brokerage platform, Ripple Prime, as demand for margin financing across traditional and digital asset markets continues to grow.
The facility will support Ripple Prime’s ability to extend credit to institutional clients trading equities, fixed income, foreign exchange, and digital assets, with the firm able to draw up to the full US$200 million based on client demand.
Since Ripple acquired the platform in 2025, Ripple Prime has recorded a threefold increase in revenue year over year, driven by rising institutional participation in digital markets and increased demand for scalable, multi-asset financing infrastructure.
“Dependable access to financing and balance sheet strength are critical to institutional participants in today’s dynamic markets,”
said Noel Kimmel, President of Ripple Prime.
“This facility enables us to grow alongside our clients by delivering increased margin capacity, greater responsiveness, and improved capital efficiency.”
He added that Neuberger Specialty Finance’s expertise in asset-based finance reflects strong alignment with Ripple Prime’s brokerage model and growth trajectory.
The company structures the financing as an asset-based facility designed to scale alongside client activity across both traditional and digital markets.
Proceeds will fund financing to institutional counterparties, further strengthening Ripple Prime’s role as a liquidity and credit provider in multi-asset trading environments.
“Ripple Prime has built an innovative brokerage platform combining fintech-grade technology and agility with bank-level compliance and operational rigor,”
said Peter Sterling, Head of Neuberger Specialty Finance.
“This facility reflects our focus on partnering with market-leading platforms operating at the intersection of traditional and emerging financial markets.”
Featured image credit: Edited by Fintech News Switzerland, based on image by Raisul via Magnific
