Neuberger backs Ripple Prime debt line

Neuberger has provided a $200 million debt facility to Ripple Prime, aiming to bolster its margin lending capabilities. This significant financial backing is expected to fuel the expansion of Ripple's services within the digital asset ecosystem. The move signals continued institutional interest in supporting crypto-related financial infrastructure, particularly for services that facilitate trading and liquidity management. This capital injection will likely enhance Ripple Prime's capacity to offer competitive margin lending solutions to its clients, potentially increasing trading volumes and market participation.