Ripple Prime lands $200M Neuberger facility to boost margin trading

Funds managed by Neuberger Specialty Finance committed the facility to grow margin financing for the multi-asset prime broker.

Ripple Prime's strategic expansion could accelerate institutional adoption of integrated digital asset trading, reshaping financial markets. The post Ripple Prime secures $200M debt facility from Neuberger Berman to expand crypto margin trading appeared first on Crypto Briefing.

The post Japanese Yen: Choppy trade versus US Dollar around intervention line – OCBC appeared on BitcoinEthereumNews.com. OCBC’s FX Christopher Wong describes USD/JPY as a two-way trade after suspected Ministry of Finance (MoF) intervention capped gains near 160. He notes bearish daily momentum but says fundamentals are not decisively Japanese Yen (JPY)-positive, with higher Oil prices still a drag. The pair is expected to stay choppy, driven by Oil swings, with support from 155.40 and resistance up to 158.70. Intervention risk tempers upside bias “USD/JPY traded near recent lows last week. Price action remains a two-way trade after recent suspected MoF intervention helped cap upside near the 160-handle.” “While intervention risk may keep JPY shorts more cautious, the fundamental backdrop is not yet decisively JPY-positive. Higher oil prices remain a terms-of-trade drag on JPY. “ “Near term, USD/JPY may stay choppy, driven by swings in oil prices. Pair was last at 156.70 levels. Bearis

The facility, provided by Neuberger Berman, will expand Ripple Prime’s ability to provide deeper margin availability to institutional investors across different financial sectors. Ripple Prime’s President, Noel Kimmel, highlighted the importance of using a single credit line across all major asset classes. Ripple Prime Taps $200 Million Facility to Expand Operational Capabilities Ripple Prime, Ripple’s […]