Ripple announced its agreement with the global investment firm Monday, noting that Ripple Prime’s revenue has tripled in the last year, when. it acquired it for $1.25 billion. Ripple Prime secured a $200 million funding facility from Neuberger Berman to expand margin financing for trading in traditional and digital asset markets. Ripple said the financing will support growing demand for its multi-asset prime brokerage platform, whose revenue has tripled year over year since it acquired and rebr…
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