$600 Billion Investment Management Firm Backs Ripple Prime – U.Today
Enterprise blockchain firm Ripple has secured a $200 million debt facility from Neuberger Specialty Finance, a division of $600 billion investment management behemoth Neuberger. The aforementioned sum is operational capital for Ripple Prime, which is the company’s institutional brokerage arm. It is not equity funding for Ripple itself. A vote of confidence According to the company,...
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