Ripple has secured $200 million in debt financing to expand its institutional prime brokerage business, Ripple Prime. This funding, supported by funds managed by Neuberger Berman, aims to enhance Ripple's capabilities in providing secured financing, liquidity solutions, and professional-grade brokerage services to institutional clients. The move underscores the growing collaboration between traditional financial firms and crypto infrastructure companies as demand for digital asset services rises. Ripple Prime, which emerged from Ripple's acquisition and rebranding of Hidden Road, has seen increasing demand from institutional clients. The new financing will bolster Ripple's loan flexibility, margin capabilities, and capital efficiency, aligning with the expanding participation of institutional investors in the digital assets market. Noel Kimmel, President of Ripple Prime, highlighted the importance of reliable financing channels as the institutional cryptocurrency market matures, emphasizing the strategic partnership with Neuberger Berman as a testament to the platform's potential and the broader growth opportunities in institutional digital asset services.