Ripple Prime is a multi-asset prime brokerage platform operated by Ripple that combines fintech-grade technology with bank-level compliance and operational rigor to serve institutional clients. The platform offers prime services and margin financing across traditional and digital markets and is positioned to deliver increased margin capacity and capital efficiency to counterparties. Ripple acquired the platform in 2025, and since the acquisition Ripple Prime has tripled its revenue year over year. Ripple, founded in 2012 and headquartered in San Francisco, offers broader enterprise blockchain solutions including payments, custody, liquidity, treasury management, a stablecoin (RLUSD), and the cryptocurrency XRP. The company reports growing client activity and institutional demand as drivers of Ripple Prime's expansion. The recent $200 million debt facility from Neuberger Specialty Finance is intended to increase Ripple Prime's lending capacity and ability to serve new and existing institutional relationships.

Total raised

$325M

Funding rounds

2

Latest round

Debt Financing

Latest activity

Aug 2026