Ripple Prime has secured a $200 million debt facility from funds managed by Neuberger Specialty Finance, giving Ripple’s prime brokerage arm more balance sheet capacity as institutional demand for financing and capital efficiency grows across traditional and digital markets.
The facility supports Ripple Prime’s multi-asset prime brokerage platform and gives the business the ability to draw up to $200 million as client needs evolve. Ripple said the proceeds will be used to extend financing to clients active across traditional and digital markets, increasing lending capacity and improving its ability to serve both new and existing institutional relationships.
Noel Kimmel, President of Ripple Prime, framed the deal around market access and balance sheet strength, saying dependable financing is critical for institutional participants. Ripple also said the platform has tripled revenue year over year since the company acquired it in 2025, with growth driven by rising client activity and demand for prime services and financing solutions.
The Neuberger facility gives Ripple Prime a clearer role inside Ripple’s broader institutional stack. Ripple has been building around payments, custody, liquidity, treasury management, stablecoins, and prime brokerage, with RLUSD and XRP positioned inside that wider enterprise-finance strategy rather than as isolated products.
Prime brokerage is one of the most important pieces of institutional market infrastructure because it sits between trading, financing, margin, custody, liquidity, and risk management. Crypto firms can list assets and process spot trades without prime services, but larger institutions need credit lines, reliable counterparties, margin efficiency, and operational controls before they can scale exposure.
That is where Ripple Prime is trying to compete. The platform combines traditional market access with digital-asset services, giving institutions a route to financing, execution, clearing and liquidity inside one business line. Neuberger’s facility strengthens that model because prime brokerage depends on balance sheet depth. A bigger financing base can support more clients, larger positions, and more flexible margin solutions during active markets.
The deal also follows Ripple’s wider institutional push around RLUSD and the XRP Ledger. RLUSD transfer volume has grown sharply, while Ripple has been expanding the stablecoin’s liquidity and settlement use cases. Recent CryptoAdventure coverage of RLUSD’s transfer-volume growth and the XRP Ledger’s tokenized Treasury settlement pilot shows how Ripple is trying to connect stablecoin liquidity, bank rails, tokenized assets, and institutional settlement into one operating layer.
Peter Sterling, Head of Neuberger Specialty Finance, said Ripple Prime has built a brokerage platform that combines fintech-grade technology with bank-level compliance and operational rigor. That language points to the real target market: institutions that want crypto and traditional-market access, but still require financing discipline, compliance controls, and counterparties with balance sheet support.
The $200 million facility does not change XRP’s price directly, and it does not make Ripple Prime a bank. It strengthens the financing side of Ripple’s institutional business at a time when crypto market structure is moving toward prime services, stablecoin collateral, tokenized securities, and faster settlement rails.
Ripple Prime now has fresh debt capacity to support margin financing and client growth. The measurable follow-through will come from how that capital is deployed across institutional accounts, whether revenue keeps rising after the 2025 acquisition, and whether Ripple can turn prime brokerage into a durable bridge between digital assets, stablecoin liquidity, and traditional-market financing.
The post Ripple Prime Secures $200M Facility To Expand Institutional Financing appeared first on Crypto Adventure.
