Ripple Prime closed a $200 million debt facility from Neuberger Berman on May 11, 2026, one of the largest debt facilities raised in the institutional crypto lending market. The capital will expand Ripple Prime's lending and margin financing capacity as it launches margin trading services for institutional clients. Ripple Prime is Ripple's institutional prime brokerage platform.
Neuberger Berman debt facility
- ▪Ripple closed a $200 million debt facility from Neuberger Specialty Finance on May 11, 2026
- ▪The $200 million debt facility from Neuberger Specialty Finance to Ripple is one of the largest debt facilities raised in the institutional crypto lending market
- ▪Neuberger Specialty Finance is the asset-based lending arm of global investment manager Neuberger
Ripple Prime platform expansion
- ▪The $200 million capital from Neuberger Specialty Finance will expand the lending and margin financing capacity of Ripple Prime
- ▪Ripple Prime is Ripple's institutional prime brokerage platform
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