Ripple taps $200M credit line to renamed Hidden Road Prime Brokerage


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 facilities. Ripple will use the capital to increase lending capacity and support margin financing for institutional clients.

Ripple Prime has posted strong growth since Ripple acquired the platform in 2025. The company said revenues tripled year-on-year, driven by higher trading activity and increased demand for financing solutions. Institutional clients continue to seek stable access to capital as they operate across multiple asset classes.

The agreement allows Ripple Prime to withdraw up to $200 million over time, depending on customer demand. The company plans to deploy the funds to extend credit to new and existing institutional clients.

Related to: Ripple is seeking an Australian license as it expands its regulatory footprint

Neuberger Specialty Finance said the deal is consistent with its strategy to support asset-based financing platforms. The company highlighted Ripple Prime’s position in both traditional finance and digital assets.

Peter Sterling, head of specialist finance at Neuberger, said the platform combines technology with operational discipline. “These facilities reflect our focus on partnering with market-leading platforms and are a testament to Ripple Prime’s unique position at the nexus between traditional and scale-up markets,” he said.

Focus on traditional and digital markets

Ripple continues to expand its institutional offerings, which include payments, custody, liquidity and treasury management services. The new facility enhances its ability to provide financing solutions while increasing institutional participation in digital assets.

ripple Bought Prime broker Hidden Road for about $ 1.25 billion in 2025 and Renamed it as Ripple PrimeThis represents a major push towards multi-asset institutional brokerage and clearing.

Ripple Prime is ramping up its activity in a crowded space where institutional investors already rely on large prime cryptocurrency brokers and exchange-linked platforms that offer trading, funding and custody. Its new $200 million facility signals Ripple’s intention to match the balance sheet strength of competitors and deepen services such as margin financing, rather than simply providing market access.

In practice, this means competing more directly for the same hedge funds and trading firms that borrow, trade and hold today through established institutional platforms, which will turn credit capacity and multi-asset infrastructure into the key battleground for winning institutional flows.

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.

Singapore Summit: Meet the top APAC brokers you know (and those you don’t know yet!)

The company announced that funds managed by Neuberger Specialty Finance provided the facilities. Ripple will use the capital to increase lending capacity and support margin financing for institutional clients.

Ripple Prime has posted strong growth since Ripple acquired the platform in 2025. The company said revenues tripled year-on-year, driven by higher trading activity and increased demand for financing solutions. Institutional clients continue to seek stable access to capital as they operate across multiple asset classes.

The agreement allows Ripple Prime to withdraw up to $200 million over time, depending on customer demand. The company plans to deploy the funds to extend credit to new and existing institutional clients.

Related to: Ripple is seeking an Australian license as it expands its regulatory footprint

Neuberger Specialty Finance said the deal is consistent with its strategy to support asset-based financing platforms. The company highlighted Ripple Prime’s position in both traditional finance and digital assets.

Peter Sterling, head of specialist finance at Neuberger, said the platform combines technology with operational discipline. “These facilities reflect our focus on partnering with market-leading platforms and are a testament to Ripple Prime’s unique position at the nexus between traditional and scale-up markets,” he said.

Focus on traditional and digital markets

Ripple continues to expand its institutional offerings, which include payments, custody, liquidity and treasury management services. The new facility enhances its ability to provide financing solutions while increasing institutional participation in digital assets.

ripple Bought Prime broker Hidden Road for about $ 1.25 billion in 2025 and Renamed it as Ripple PrimeThis represents a major push towards multi-asset institutional brokerage and clearing.

Ripple Prime is ramping up its activity in a crowded space where institutional investors already rely on large prime cryptocurrency brokers and exchange-linked platforms that offer trading, funding and custody. Its new $200 million facility signals Ripple’s intention to match the balance sheet strength of competitors and deepen services such as margin financing, rather than simply providing market access.

In practice, this means competing more directly for the same hedge funds and trading firms that borrow, trade and hold today through established institutional platforms, which will turn credit capacity and multi-asset infrastructure into the key battleground for winning institutional flows.





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