Ripple Secures $200 Million Credit Line from Neuberger Berman to Expand Prime Brokerage Services
Ripple announced on May 11, 2026 that it has secured a $200 million unsecured credit facility from investment firm Neuberger Berman, aimed at bolstering its Ripple Prime platform for institutional clients. The financing will enable Ripple to increase margin‑lending capacity, broaden its suite of prime brokerage services, and deepen liquidity provision for large‑scale crypto traders.
The credit line arrives as the crypto market experiences renewed institutional interest following the pending U.S. Senate “Clarity Act” vote. Ripple’s Prime brokerage, launched in 2023, has already attracted over $2 billion in assets under management, positioning the company as a leading liquidity provider for XRP and other major digital assets.
Neuberger Berman’s spokesperson, David Morales, told CoinTelegraph that the partnership reflects confidence in Ripple’s risk‑management infrastructure and its ability to generate stable cash flows. Bloomberg cited the agreement as part of Neuberger’s broader strategy to diversify into digital‑asset financing. Meanwhile, Ripple’s Chief Financial Officer, Anjali Patel, said the facility will be used “to scale our margin‑trading products and to support deeper integration with traditional custodial services.”
Industry analysts view the move as a vote of confidence in Ripple’s compliance‑focused approach. “Having a reputable asset manager like Neuberger aboard reduces counterparty risk concerns for institutional participants,” noted Jeremy Kruger, senior analyst at Citi. However, some critics point out that Ripple remains under ongoing legal scrutiny regarding the classification of XRP, which could affect its ability to fully leverage the credit line.
The financing is set to mature in 2029, with a revolving draw schedule that allows Ripple to access capital as needed. Stakeholders will be watching the upcoming SEC filing expected in early June, which should detail how Ripple intends to allocate the funds across its prime brokerage operations. Additionally, the firm plans to launch a new suite of “green‑crypto” margin products by Q4 2026, aligning with growing ESG investment trends.