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Neuberger backs Ripple Prime with $200 million debt line for margin lending expansion: Bloomberg

The Block·
Neuberger backs Ripple Prime with $200 million debt line for margin lending expansion: Bloomberg
AI Analysis

Ripple Prime has obtained a $200 million debt facility from Neuberger Berman to enhance its margin lending capabilities across various asset classes, including equities, fixed income, and cryptocurrency. This move indicates a growing confidence in the crypto market and Ripple's strategic expansion efforts.

Key Topics

Ripple PrimeNeuberger Bermanequitiescrypto

Originally reported by The Block. Read the full article ↗

Neuberger backs Ripple Prime with $200 million debt line for margin lending expansion: Bloomberg | AI Crypto Daily Wire