Ripple’s Prime President said that such dependable access to financing and balance sheet strength are ‘critical to institutional participants.’

The company behind XRP and RLUSD has announced its latest push toward increasing its presence in institutional crypto finance, which comes with a $200 million boost.

Ripple said it has officially secured a substantial debt facility from funds managed by Neuberger Berman, signaling growing confidence from traditional finance giants in its expanding ecosystem.

Neuberger Private Markets, a division of Neuberger, has been an active and successful private markets investor for nearly 40 years, as it invests across strategies, asset…