Ripple raises $200 million from Neuberger Berman to expand its Ripple Prime platform | Crypto Regulation News
Crypto regulation news: Ripple raises $200 million from Neuberger Berman to expand its Ripple Prime platform. This update explains what changed, why it matters for the crypto market, and what investors, exchanges, and blockchain companies should watch next.
Crypto Regulation Update

Ripple’s prime-brokerage unit announced Monday it closed a $200 million funding agreement with global investment firm Neuberger Berman to expand the margin it offers investors to trade in traditional and digital asset markets.In its announcement, Ripple also said the funding will help support the ongoing growth of its multi-asset prime brokerage platform, Ripple Prime, citing increasing client demand for its institutional-grade services and margin financing solutions.The crypto firm said that since it acquired Hidden Road and rebranded it as Ripple Prime in 2025, this platform’s revenue has tripled year over year. Neuberger Berman has approximately $570 billion in total assets under management (AUM).Ripple acquired prime-brokerage Hidden Road for $1.25 billion, one of the largest deals in the history of the cryptocurrency industry. The company later agreed to buy treasury-management software provider GTreasury for $1 billion.“Dependable access to financing and balance sheet strength are critical to institutional participants in today’s dynamic markets,” said Noel Kimmel, President of Ripple Prime. “This facility enables us to grow alongside our clients by delivering increased margin capacity, greater responsiveness, and improved capital efficiency.”Kimmel said that apart from the funding, Neuberger Specialty Finance brings deep expertise in asset-based finance and a strong understanding of Ripple Prime’s services and business model.“Ripple Prime has built an innovative brokerage platform combining fintech-grade technology and agility with bank-level compliance and operational rigor,” said Peter Sterling, Head of Neuberger Specialty Finance.Institutional investors are getting increasingly more involved in crypto assets, in part due to the U.S. President Donald Trump’s Administration’s drive for more crypto-friendly rules and regulations.State Street Corp. announced a digital-asset platform earlier this year, while Standard Chartered Plc has plans to set up a prime brokerage for crypto trading.Ripple also raised $500 million, giving the firm a $40 billion valuation, with backing from Fortress Investment Group and Citadel Securities. That capital was used to boost Ripple’s expansion into custody, stablecoins and prime-brokerage services.
Why This Crypto Regulation News Matters
First, this development may affect exchanges, token listings, stablecoins, compliance rules, and market sentiment. In addition, it may influence licensing, reporting requirements, and future enforcement actions. As a result, traders and investors should watch the next legal and policy steps closely.
What to Watch Next
Watch for follow-up statements from regulators, court filings, exchange responses, and policy updates. In particular, any new guidance on licensing, enforcement, or stablecoin rules could have a direct impact on the broader crypto market.



