Ripple secures $200 million for prime platform

Ripple has secured a $200 million funding facility from Neuberger Berman to expand its Ripple Prime platform, which offers margin financing for both traditional and digital asset markets. This significant investment underscores the growing institutional interest in the cryptocurrency space, with major financial players increasingly building out their digital asset capabilities. Ripple Prime's revenue has reportedly tripled year-over-year since its acquisition and rebranding of Hidden Road in 2025, indicating strong demand for its institutional-grade services and multi-asset prime brokerage solutions.