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via Decrypt · By Decrypt Editorial
Ripple Lands $200 Million Financing Facility to Expand Institutional Crypto Brokerage
XRP
XRP/USDT
$1.0853
+1.22%
$1.0853
+1.22%
(24s)24h Volume
$517,260,730.26
24h H/L
$1.095 / $1.0701
Change: $0.0249 (2.33%)
Long/Short
74.4%
Long: 74.4%Short: 25.6%
Funding Rate
-0.0019%
Shorts pay
Data provided by COINOTAG DATALive data
DE
Decrypt Editorial(02:01 PM UTC)
1 min read
In brief
- Ripple secured a $200 million debt facility from Neuberger Specialty Finance to expand Ripple Prime, its institutional prime brokerage platform.
- Ripple Prime has tripled revenue year over year since Ripple acquired Hidden Road in 2025, fueled by growing institutional demand for digital asset services.
- The funds will increase Ripple Prime's lending capacity to clients operating across…
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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