Neuberger Berman hands Ripple a $200M credit line as institutional demand for XRP services surges!

Ripple has secured a $200 million debt facility from Neuberger Berman, one of the world's largest independent asset managers, to meet rising client demand through its Ripple Prime institutional financing arm. The announcement, made directly by Ripple on X, frames the facility as a direct response to growing institutional appetite rather than a balance-sheet move.

Neuberger Berman managing over $400 billion in assets, its willingness to extend a nine-figure credit line to Ripple is a meaningful signal of institutional confidence in XRP-adjacent infrastructure at a time when TradFi players are selectively deepening crypto exposure.

For XRP markets, the read is straightforward: a larger, better-capitalised Ripple Prime can service bigger institutional clients, support deeper liquidity provision, and absorb demand spikes — all structural tailwinds for the token's utility narrative heading…