Ripple Prime Expands Brevan Howard Deal Into Multi-Asset Clearing And Financing

Ripple Prime Expands Brevan Howard Deal Into Multi-Asset Clearing And Financing

Summary

Ripple has expanded its relationship with Brevan Howard, with Ripple Prime set to provide the investment manager’s funds multi-asset prime brokerage, clearing and financing services across traditional and digital markets. The agreement broadens Ripple’s role in institutional financial infrastructure beyond payments and gives Brevan Howard access to a unified platform intended to streamline operations and improve capital efficiency. The move builds on the firms’ existing relationship, including an affiliate’s participation in Ripple’s previously announced $500 million investment round.