BUSINESSCOINTELEGRAPH
Ripple receives $200M credit line to expand institutional prime brokerage
Ripple receives a $200M credit line from Neuberger Berman to expand its institutional prime brokerage services, increasing capacity for margin lending and other services to institutional clients trading across crypto and traditional markets. This expansion will allow Ripple Prime to offer more comprehensive brokerage services. The financing is expected to enhance Ripple's presence in the market.