Ripple Secures $200M Facility to Expand Prime Brokerage as Token Trades 60% Below Peak
Ripple secured a $200 million debt facility to expand its prime brokerage unit, boosting funding capacity for institutional trading services. XRP is trading near $1.43–$1.45, about 60% below its $3.65 cycle high reached in July 2025.
1. Debt Facility Terms
Ripple secured a $200 million revolving credit facility from global institutional lenders, establishing a standby funding line to support its prime brokerage operations. The facility’s terms include flexible drawdowns and a multi-year tenor designed to underwrite liquidity needs for client trading.
2. Expansion of Prime Brokerage
The financing will fund enhancements in onboarding procedures, trading infrastructure and compliance frameworks, enabling Ripple to offer fiat-to-crypto execution, custody and settlement services to institutional investors. The move targets growth in institutional volumes and strengthens the firm’s competitive positioning.
3. Market Performance Context
XRP currently trades around $1.43–$1.45, reflecting a 60% decline from its $3.65 peak on July 18, 2025. Price pressure stems from broader crypto market volatility and awaiting regulatory milestones that could affect institution-level acceptance.