via The Block · By The Block Editorial
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Ripple Prime, the prime brokerage arm of blockchain firm Ripple, has secured a $200 million asset-based debt facility from Neuberger Berman to expand its institutional margin lending capacity.
The facility can be drawn down in full or partially, depending on client borrowing demand across equities, fixed income, and crypto, with Ripple Prime deploying margin loans that function as collateral…
COINOTAG does not provide financial advisory services. This content is for informational purposes only and should not be considered investment advice. Cryptocurrency investments involve high risk.
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