{"id":427004,"date":"2026-05-11T19:41:01","date_gmt":"2026-05-11T14:11:01","guid":{"rendered":"https:\/\/dripp.zone\/news\/ripple-lands-200-million-financing-facility-to-expand-institutional-crypto-brokerage-crypto-news\/"},"modified":"2026-05-11T20:00:28","modified_gmt":"2026-05-11T14:30:28","slug":"ripple-lands-200-million-financing-facility-to-expand-institutional-crypto-brokerage-crypto-news","status":"publish","type":"post","link":"https:\/\/dripp.zone\/news\/ripple-lands-200-million-financing-facility-to-expand-institutional-crypto-brokerage-crypto-news\/","title":{"rendered":"Ripple Lands $200 Million Financing Facility to Expand Institutional Crypto Brokerage &#8211; Crypto News"},"content":{"rendered":"<div style=\"position:relative;overflow:visible;font-size:1.2em;line-height:1.58\">\n<div class=\"pt-8 pb-10 border-t border-b border-decryptGridline \">\n<h4 class=\"sc-b2a202e4-4 bNRGqr gg-dark:text-white\" color=\"#333\">In brief<\/h4>\n<ul>\n<li class=\"font-meta-serif-pro font-normal text-lg md:text-xl md:leading-9 tracking-px text-body gg-dark:text-neutral-100\">Ripple secured a $200 million debt facility from Neuberger Specialty Finance to expand Ripple Prime, its institutional prime brokerage platform.<\/li>\n<li class=\"font-meta-serif-pro font-normal text-lg md:text-xl md:leading-9 tracking-px text-body gg-dark:text-neutral-100\">Ripple Prime has tripled revenue year over year since Ripple acquired Hidden Road in 2025, fueled by growing institutional demand for digital asset services.<\/li>\n<li class=\"font-meta-serif-pro font-normal text-lg md:text-xl md:leading-9 tracking-px text-body gg-dark:text-neutral-100\">The funds will increase Ripple Prime&#8217;s lending capacity to clients operating across traditional and digital markets.<\/li>\n<\/ul>\n<\/div>\n<p><iframe title=\"Spotify Embed: The Decrypt News roundup with TylerD - May 11th\" style=\"border-radius:12px\" width=\"100%\" height=\"152\" frameborder=\"0\" allowfullscreen=\"\" allow=\"autoplay; clipboard-write; encrypted-media; fullscreen; picture-in-picture\" loading=\"lazy\" src=\"https:\/\/open.spotify.com\/embed\/episode\/4zRWnNigZIkuPZ6B4Doqyk?si=7JlkWRw0TrqnSxo-DhPQ4w&#038;utm_source=oembed\"><\/iframe><\/p>\n<p class=\"font-meta-serif-pro scene:font-noto-sans scene:text-base scene:md:text-lg font-normal text-lg md:text-xl md:leading-9 tracking-px text-body gg-dark:text-neutral-100\"><span style=\"font-weight:400\">Crypto payments company Ripple has <\/span><a rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/ripple.com\/ripple-press\/ripple-prime-secures-usd200-million-debt-facility-from-neuberger-specialty-finance-to-expand-capacity\/\" target=\"_blank\" class=\"sc-adb616fe-0 bJsyml\"><span style=\"font-weight:400\">secured a $200 million debt facility<\/span><\/a><span style=\"font-weight:400\"> from Neuberger Specialty Finance to expand its institutional prime brokerage platform, the company announced Monday, as demand for professional-grade digital asset services continues to climb.<\/span><\/p>\n<p class=\"font-meta-serif-pro scene:font-noto-sans scene:text-base scene:md:text-lg font-normal text-lg md:text-xl md:leading-9 tracking-px text-body gg-dark:text-neutral-100\"><span style=\"font-weight:400\">The financing, provided by funds managed by Neuberger Specialty Finance\u2014the asset-based investment arm of global investment manager Neuberger\u2014will be directed toward Ripple Prime, the company&#8217;s multi-asset prime brokerage service that launched from the company\u2019s <\/span><a rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/decrypt.co\/313895\/ripple-buying-prime-brokerage-hidden-road-1-25-billion\" target=\"_blank\" class=\"sc-adb616fe-0 bJsyml\"><span style=\"font-weight:400\">acquisition of Hidden Road<\/span><\/a><span style=\"font-weight:400\"> in 2025.<\/span><\/p>\n<p class=\"font-meta-serif-pro scene:font-noto-sans scene:text-base scene:md:text-lg font-normal text-lg md:text-xl md:leading-9 tracking-px text-body gg-dark:text-neutral-100\"><span style=\"font-weight:400\">The platform has grown rapidly since the acquisition, tripling its revenue year over year, driven by increasing participation from institutional investors across both traditional and digital markets. Ripple Prime President Noel Kimmel said the arrangement would allow the platform to scale alongside client demand.<\/span><\/p>\n<p class=\"font-meta-serif-pro scene:font-noto-sans scene:text-base scene:md:text-lg font-normal text-lg md:text-xl md:leading-9 tracking-px text-body gg-dark:text-neutral-100\"><span style=\"font-weight:400\">&#8220;Dependable access to financing and balance sheet strength are critical to institutional participants in today&#8217;s dynamic markets,&#8221; Kimmel said in a statement. &#8220;This facility enables us to grow alongside our clients by delivering increased margin capacity, greater responsiveness, and improved capital efficiency.&#8221;<\/span><\/p>\n<p><iframe loading=\"lazy\" style=\"border:0\" src=\"https:\/\/myriad.markets\/embed\/market\/btc-next-move-pump-to-84k-or-dump-to-55k-3d262902-135d-416e-90bc-8e80233f341e\" width=\"100%\" height=\"415px\"><span data-mce-type=\"bookmark\" style=\"display:inline-block;width:0px;overflow:hidden;line-height:0\" class=\"mce_SELRES_start\">\ufeff<\/span><\/iframe><\/p>\n<p class=\"font-meta-serif-pro scene:font-noto-sans scene:text-base scene:md:text-lg font-normal text-lg md:text-xl md:leading-9 tracking-px text-body gg-dark:text-neutral-100\"><span style=\"font-weight:400\">The facility gives Ripple Prime the ability to draw up to the full $200 million as client needs evolve, with proceeds earmarked to extend financing for clients operating across both conventional and digital markets.<\/span><\/p>\n<p class=\"font-meta-serif-pro scene:font-noto-sans scene:text-base scene:md:text-lg font-normal text-lg md:text-xl md:leading-9 tracking-px text-body gg-dark:text-neutral-100\"><span style=\"font-weight:400\">\u201cRipple Prime has built an innovative brokerage platform combining fintech-grade technology and agility with bank-level compliance and operational rigor,\u201d said Peter Sterling, head of Neuberger Specialty Finance, in a statement. \u201cThis facility reflects our focus on partnering with market leading platforms and is a testament to Ripple Prime\u2019s unique position at the nexus of traditional and expanding markets.\u201d<\/span><\/p>\n<p class=\"font-meta-serif-pro scene:font-noto-sans scene:text-base scene:md:text-lg font-normal text-lg md:text-xl md:leading-9 tracking-px text-body gg-dark:text-neutral-100\"><span style=\"font-weight:400\"><a rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/decrypt.co\/resources\/xrp\" target=\"_blank\" class=\"sc-adb616fe-0 bJsyml\">XRP<\/a>, the crypto asset that Ripple\u2019s services are built around, is currently up about 2% on the day at a recent price of $1.46. The asset has climbed by 8.5% in the last month amid a broader crypto market rebound.<\/span><\/p>\n<div class=\"my-4 border-b border-decryptGridline\">\n<div class=\"text-start p-8 md:py-12 md:px-12 max-w-prose relative\"><span class=\"border-t-4 border-l-4 w-4 h-4 md:border-t-[6px] md:border-l-[6px] md:w-6 md:h-6 border-decryptPurple dark:border-decryptNeon gg-dark:border-cc-pink-2 absolute top-4 left-4 md:top-6 md:left-6\"\/><span class=\"border-t-4 border-l-4 w-4 h-4 md:border-t-[6px] md:border-l-[6px] md:w-6 md:h-6 border-decryptPurple dark:border-decryptNeon gg-dark:border-cc-pink-2 absolute rotate-180 bottom-4 right-4 md:bottom-6 md:right-6\"\/><\/p>\n<h3 class=\"font-akzidenz-grotesk font-bold text-xl md:text-3xl md:text-center gg-dark:text-white\">Daily Debrief<!-- --> Newsletter<\/h3>\n<p>Start every day with the top news stories right now, plus original features, a podcast, videos and more.<\/p>\n<\/div>\n<\/div>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>In brief Ripple secured a $200 million debt facility from Neuberger Specialty Finance to expand Ripple Prime, its institutional prime brokerage platform. Ripple Prime has tripled revenue year over year since Ripple acquired Hidden Road in 2025, fueled by growing institutional demand for digital asset services. The funds will increase Ripple Prime&#8217;s lending capacity to [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":427008,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[5],"tags":[230,225,221,227,226,228,229,60,223,224,222],"class_list":["post-427004","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-cryptocurrency","tag-brave","tag-coinbase","tag-crypto","tag-decentralised","tag-decentralized","tag-decentralized-exchange","tag-erc-20","tag-featured","tag-meme-coin","tag-robinhood","tag-solana"],"_links":{"self":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/427004","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/comments?post=427004"}],"version-history":[{"count":1,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/427004\/revisions"}],"predecessor-version":[{"id":427009,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/427004\/revisions\/427009"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/media\/427008"}],"wp:attachment":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/media?parent=427004"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/categories?post=427004"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/tags?post=427004"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}