Institutional demand for digital asset financing and prime brokerage infrastructure continues to grow as traditional financial firms expand deeper into blockchain-based markets. Companies operating at the intersection of fintech, liquidity management, and digital assets are increasingly attracting support from established private credit providers.
Ripple has secured a $200 million debt facility from funds managed by Neuberger Specialty Finance to accelerate the growth of Ripple Prime, its institutional multi-asset prime brokerage platform. The financing comes as institutional demand for liquidity access, margin financing, and digital asset infrastructure continues to increase across global markets.
Since Ripple acquired the platform in 2025, Ripple Prime has experienced significant momentum, reportedly tripling revenue year over year while expanding its role as a regulated infrastructure provider for institutional clients operating across both traditional and digital financial ecosystems.
Expanding institutional lending and capital efficiency
The new facility gives Ripple Prime flexible access to up to $200 million in capital, allowing the platform to scale financing activity as client demand evolves. According to the company, the proceeds will primarily be used to expand lending capacity and improve margin financing capabilities for institutional participants navigating increasingly complex markets.
Noel Kimmel stated that the facility will help the platform deliver greater capital efficiency and financing flexibility to institutions seeking dependable access to liquidity across traditional and blockchain-native markets.
The partnership also highlights a growing convergence between traditional private credit firms and digital asset infrastructure providers. Neuberger Specialty Finance noted that Ripple Prime’s ability to combine fintech-grade infrastructure with institutional operational standards played a major role in the agreement. As institutional participation in digital assets continues expanding, access to scalable prime brokerage infrastructure including custody, leverage, settlement, and financing is becoming increasingly critical for market participants.
Positioning Ripple Prime at the center of institutional digital finance
Ripple Prime is part of Ripple’s broader push into enterprise financial infrastructure, where blockchain-based systems are increasingly integrated into mainstream institutional workflows.
The company has continued expanding its ecosystem across payments, liquidity management, custody, and treasury services while positioning products such as RLUSD and XRP as part of a larger strategy focused on modernizing global value transfer. The new financing facility also reflects a wider industry trend: traditional capital providers are becoming more active in supporting blockchain-native financial infrastructure as digital markets mature and institutional adoption accelerates. By strengthening Ripple Prime’s lending and financing capabilities, Ripple is positioning the platform to compete more aggressively within the evolving prime brokerage landscape, where institutions are demanding higher levels of operational reliability, liquidity access, and capital efficiency.
About Ripple
Ripple is a blockchain infrastructure and enterprise financial services company founded in 2012. The company provides solutions for payments, liquidity, custody, treasury management, and digital asset settlement for institutions worldwide. Its ecosystem includes blockchain-based financial infrastructure, the RLUSD stablecoin, and the XRP digital asset, all aimed at improving the speed and efficiency of global financial transactions.
About Neuberger Private Markets
Neuberger Private Markets is the private markets division of Neuberger, focused on private credit, specialty finance, and alternative investment strategies. The firm manages more than $155 billion in investor commitments across global markets and operates through a network of international offices and investment teams.
