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Ripple Labs has secured a $200 million debt facility from Neuberger Specialty Finance to expand Ripple Prime, which tripled revenue since the $1.25 billion Hidden Road acquisition.
Ripple Prime Revenue Triples After Hidden Road Acquisition
The financing will increase Ripple Prime’s lending capacity to clients operating across traditional and digital markets, Coindesk reported on Monday.
Ripple acquired prime brokerage Hidden Road for $1.25 billion in 2025, one of the largest deals in crypto history, and rebranded it as Ripple Prime.
“Dependable access to financing and balance sheet strength are critical to institutional participants in today’s dynamic markets,” said Noel Kimmel, President of Ripple Prime.
“This facility enables us to grow alongside our clients by delivering …
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