Ripple Prime

CME Group launched 24/7 trading for cryptocurrency futures and options, including Bitcoin Volatility futures, addressing a gap in continuous trading for crypto assets. The rollout saw over 7,200 contracts traded in the first weekend, with $50 million in notional value, driven by retail and institutional demand.

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.

Ripple has raised $200 million from Neuberger Berman to expand its Ripple Prime platform, which will help the company grow its operations. The investment will be used to further develop the platform and increase its reach. This funding round is a significant milestone for Ripple.

Ripple Prime has secured a $200 million debt line from Neuberger Berman to expand its margin lending services across equities, fixed income, and crypto. This investment will enable Ripple Prime to grow its business and offer more financial services to its clients. The expansion is expected to increase the company's presence in the financial market.

Bullish has introduced Bitcoin options trading for Ripple Prime's institutional clients via a prime brokerage layer. The service allows institutions to use existing accounts for trading, streamlining access to cryptocurrency derivatives.