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via CoinDesk · By CoinDesk Staff

Ripple raises $200 million from Neuberger Berman to expand its Ripple Prime platform

XRP

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$283,516,895.36

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Long: 78.6%Short: 21.4%
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Ripple
Ripple
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Price$1.0014
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Pivot (PP):$1.003
Trend:Downtrend
RSI (14):35.7
CS
CoinDesk Staff
(01:47 PM UTC)
1 min read
MR
Verified byMichael Roberts

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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CoinDesk Staff · CoinDesk

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