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Ripple's New Funding

beginner3 min
🎯What You'll Learn

If you've ever sent money internationally, you know it can be slow and expensive. This new partnership hints at how traditional finance is finally embracing crypto to solve those very problems.

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Ripple is trending because it secured a significant debt facility from Neuberger Berman, a major traditional asset manager.

This funding, reportedly around $285 million, is a big vote of confidence from institutional finance into the crypto sector, specifically for Ripple's enterprise solutions.