Ripple Receives $200 Million Credit to Expand Lending Capacity
BITmarkets Team
May 11, 2026
The company announced Monday that the funding will enable its Ripple Prime division to provide additional margin loans and financing products to hedge funds, trading firms, and other institutional participants active across both crypto and traditional financial markets.
Noel Kimmel said the added capital would allow Ripple Prime to support a wider range of institutional clients as interest in crypto brokerage and financing services continues to increase. Neuberger Berman currently manages more than $560 billion in assets globally.
Hidden Road acquisition strengthened Ripple’s institutional presence
Ripple entered the institutional brokerage space following its acquisition of Hidden Road in 2025. The deal, valued at approximately $1.25 billion, was completed around six months after it was first announced and later led to the launch of Ripple Prime.
At the time of the acquisition, Hidden Road provided clearing, financing, and execution services to hedge funds, market makers, and institutional investors across both traditional and digital asset markets. The firm reportedly handled around $3 trillion in annual trading volume and served more than 300 institutional clients.
The transaction was notable as the first publicly known acquisition of a global prime broker by a crypto-native company, giving Ripple direct exposure to institutional market infrastructure. Ripple stated that revenue from the business has tripled since the acquisition, although the company did not disclose profitability figures or how much of the new $200 million credit facility has already been utilized.
Ripple Prime expands institutional integrations
Ripple Prime has continued to expand its institutional offering. Last month, Bullish deepened its integration with the platform to provide clients with more direct access to Bitcoin options trading. The integration allows Ripple Prime users to access Bullish’s regulated Bitcoin options market, while stablecoins such as Ripple USD can be used as collateral.
The latest financing agreement highlights Ripple’s broader effort to strengthen its institutional product suite as traditional financial firms and crypto-native companies continue building infrastructure for digital asset trading and settlement.
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