Ripple expands Brevan Howard deal with prime brokerage services
Summary
Ripple Prime will provide Brevan Howard-managed funds with multi-asset prime brokerage, clearing and financing across traditional and digital markets. The agreement expands an existing relationship; Brevan Howard-affiliated funds participated in a $500 million Ripple investment in 2025. Ripple is growing its prime brokerage business after acquiring Hidden Road for about $1.25 billion and raising $275 million through a senior note offering.
