The company behind the popular cryptocurrency XRP made headlines again by collaborating with some well-known names.
The price of its native token has risen by 9% over the past month, while the sustained institutional interest suggests a further ascent could be on the way.
Partnerships and More
Earlier this week, Ripple announced the successful closing of a $200 million debt facility from funds managed by Neuberger Specialty Finance, the dedicated asset-based division within the global investment management firm Neuberger.
The new capital will help Ripple Prime (formerly known as Hidden Road) to expand its services and support more institutional clients. Ripple also noted that demand for reliable, large-scale financing solutions continues to grow across both traditional and digital markets. Speaking on the matter was Noel Kimmel, President of Ripple Prime:
“This facility enables us to grow alongside our clients by delivering increased margin capacity, greater responsiveness, and impr
We współpracy z: https://cryptopotato.com/ripple-xrp-news-today-may-13/
