Ripple Taps $200 Million Credit Line for Rebranded Hidden Road Prime Brokerage (opens in new tab)

Ripple has secured a $200 million debt facility to expand its prime brokerage unit, Ripple Prime, as demand for institutional financing continues to grow across digital and traditional markets.Singapore Summit: Meet the largest APAC brokers you know (and those you still don't!)The company announced that funds managed by Neuberger Specialty Finance provided the facility. Ripple will use the capital to increase lending capacity and support margin financing for institutional clients.Dependable a...