TechFlow reports that, on May 11, according to Bloomberg, Ripple’s prime brokerage division secured up to $200 million in asset-backed debt financing through Neuberger Berman’s specialized financial team. The funds will be used to expand margin capacity for institutional investors across multi-market trading—including equities, fixed income, and cryptocurrencies—with the actual available credit line dynamically adjusted based on institutional clients’ borrowing needs.
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