Skip to content
Advertisement
Ripple expands prime brokerage relationship with Brevan Howard

Ripple expands prime brokerage relationship with Brevan Howard

Ripple's expanded partnership with Brevan Howard underscores the increasing integration of digital and traditional markets, enhancing institutional investment strategies.

XRP (XRP) price

Full chart and stats

Loading chart…

Market cap
$78.7B
24h volume
$2.0B
Circulating supply
63.4B XRP

CoinGecko data as of Oct 29, 4:44 PM EDT.

Ripple has expanded its relationship with Brevan Howard, with Ripple Prime set to provide multi-asset prime brokerage, clearing and financing services to funds managed by the global investment firm.

The agreement gives Brevan Howard access to Ripple Prime’s cross-asset platform, which combines traditional and digital market services within a single institutional infrastructure.

Advertisement

Ripple said the expanded relationship reflects growing demand from investment managers for prime brokerage services that span both traditional and digital assets.

“As digital and traditional markets become more interconnected, the need for institutional-quality digital asset infrastructure that enables a seamless experience for investors is only growing,” Brevan Howard Group COO Alan McGroarty said.

Ripple Prime President Noel Kimmel said the deal highlights demand for cross-asset prime services and the company’s push to serve institutional investors across both markets.

The agreement builds on Brevan Howard’s existing relationship with Ripple. Funds managed by Brevan Howard affiliates participated in Ripple’s $500 million strategic investment round in 2025.

Ripple Prime forms part of Ripple’s broader institutional offering, which also includes payments, custody and treasury management services.

Disclosure: This article was edited by Estefano Gomez. For more information on how we create and review content, see our Editorial Policy.

More in Business

See all
Previous storyHedge fund QRT joins Ripple, Circle, and SC Ventures in OKX’s $25B extension round