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Ripple raises $200 million from Neuberger Berman to expand its Ripple Prime platform
XRP
XRP/USDT
$1.4117
-0.72%
$1.4117
-0.72%
(24s)24h Volume
$1,219,388,049.11
24h H/L
$1.4327 / $1.398
Change: $0.0347 (2.48%)
Long/Short
74.2%
Long: 74.2%Short: 25.9%
Funding Rate
+0.0037%
Longs pay
Data provided by COINOTAG DATALive data
CS
CoinDesk Staff(01:47 PM UTC)
1 min read
Ripple announced its agreement with the global investment firm Monday, noting that Ripple Prime’s revenue has tripled in the last year, when. it acquired it for $1.25 billion.
Ripple’s prime-brokerage unit announced Monday it closed a $200 million funding agreement with global investment firm Neuberger Berman to expand the margin it offers investors to trade in traditional and digital asset…
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