Ripple has just announced a significant step in its strategy to expand its institutional financial services, securing a $200 million credit line from Neuberger Berman to strengthen the capabilities of its core brokerage platform, Ripple Prime. This move comes amid a surge in global demand for Capital and professional financial services in the digital asset market.
According to the official announcement, the $200 million credit comes from funds managed by Neuberger Berman – a global asset management company holding over $560 billion in assets. This Capital will be used to expand margin lending operations and provide Capital services for Ripple Prime's institutional clients. This is XEM as a strategic move to increase Ripple's competitiveness in the financial infrastructure sector for professional investors.
The increased margin lending limits allow Ripple Prime to better serve hedge funds, trading firms, and institutional investors operating simultaneously in both the cryptocurrency and traditional finance markets. This clearly reflects the trend of large institutions becoming increasingly interested in and deeply involved in the digital asset ecosystem, driving demand for traditional market-like financial services such as prime brokerage, lending, and risk management.
The foundation for this deal stems from Ripple's acquisition of Hidden Road – a global prime broker – announced in April 2025 and completed approximately six months later for a valuation of approximately $1.25 billion. This was XEM a historic milestone as it marked the first time a purely crypto company acquired a global prime broker, signifying a significant shift for Ripple from simply providing external services to becoming a direct part of the institutional market infrastructure.
