Ripple has secured a $200 million debt facility to expand its prime brokerage unit, Ripple Prime, as demand for institutional financing continues to grow across digital and traditional markets.
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The company announced that funds managed by Neuberger Specialty Finance provided the facility. Ripple will use the capital to increase lending capacity and support margin financing for institutional clients.
Dependable access to financing is critical to institutional participants in today’s dynamic markets, and Ripple Prime’s ability to meet this need just got that much stronger.
— Ripple (@Ripple) May 11, 2026
We're proud to partner with Neuberger on a $200M debt facility to meet rising client demand for our…
Ripple Prime Reports Strong Revenue
Ripple Prime has recorded strong growth since Ripple acquired the platform in 2025. The firm said revenue has tripled year over year, driven by higher trading activity and rising demand for financing solutions. Institutional clients continue to seek stable access to capital as they operate across multiple asset classes.
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The agreement allows Ripple Prime to draw up to $200 million over time, depending on client demand. The company plans to deploy the funds to extend credit to both new and existing institutional clients.
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Neuberger Specialty Finance said the deal aligns with its strategy of supporting asset-based financing platforms. The firm highlighted Ripple Prime’s position across both traditional finance and digital assets.
Peter Sterling, Head of Neuberger Specialty Finance, said the platform combines technology with operational discipline. “This facility reflects our focus on partnering with market leading platforms and is a testament to Ripple Prime’s unique position at the nexus of traditional and expanding markets,” he said.
Focus on Traditional and Digital Markets
Ripple continues to expand its institutional offering, which includes services across payments, custody, liquidity, and treasury management. The new facility strengthens its ability to provide financing solutions as institutional participation in digital assets increases.
Ripple bought prime broker Hidden Road for about $1.25 billion in 2025 and rebranded it as Ripple Prime, marking a major push into multi‑asset institutional brokerage and clearing.
Ripple Prime is ramping up in a busy field where institutional investors already rely on large crypto prime brokers and exchange‑linked platforms offering trading, financing, and custody. Its new $200 million facility signals Ripple’s intent to match rivals’ balance‑sheet strenght and deepen services like margin financing, rather than just provide market access.
In practice, that means competing more directly for the same hedge funds and trading firms that today borrow, trade, and custody through established institutional platforms, turning credit capacity and multi‑asset infrastructure into the main battleground for winning institutional flows.
