Ripple has secured a substantial $200 million debt facility from Neuberger Specialty Finance. This funding aims to enhance the capabilities of Ripple Prime, which serves as a multi-asset prime brokerage platform tailored for institutional clients focused on both traditional and digital markets.
The establishment of Ripple Prime was made possible by Ripple's strategic acquisition of Hidden Road, a prominent prime brokerage, back in 2025. Since that acquisition, Ripple Prime has demonstrated impressive growth, tripling its revenue annually. The new debt facility provides Ripple Prime with the ability to access up to $200 million based on client demand, creating a versatile credit line that allows tailored support for expanding operations.
Investors can expect that by the summer of 2026, Ripple will present a comprehensive suite of institutional financial services. This includes offerings in payments, custody, liquidity management, treasury solutions and a regulated stablecoin. The growth of Ripple Prime, alongside a successful $500 million funding round in November 2025 that valued the company at $40 billion, indicates strong market positioning. As of April 2026, its stablecoin RLUSD has achieved a market capitalization of $1.5 billion. Additionally, XRP, Ripple's digital asset, was trading at $1.4, with a substantial market cap exceeding $90 billion.
The acquisition of Hidden Road has proven to be a strategic asset for Ripple, enhancing its service capabilities. Prime brokerages are known for providing crucial services such as margin financing, securities lending, execution of trades, and settlement services. Now operating as a global multi-asset prime brokerage, Ripple Prime uniquely combines traditional securities and digital assets thanks to its blockchain integration. Neuberger Specialty Finance supports Ripple’s innovative business model. Its leadership has highlighted the blend of advanced fintech technology and rigorous compliance standards as a key factor in Ripple Prime's operational effectiveness.
This development positions Ripple Prime as a notable contender in the evolving landscape of financial services, catering to the growing needs of institutional clients.