Ripple Expands Partnership with Brevan Howard for Prime Brokerage Services

Key Facts

Ripple announced an expanded partnership with alternative investment manager Brevan Howard to provide multi-asset prime brokerage, clearing, and financing services. Coinpedia reported that the agreement integrates Ripple’s institutional-grade financial services into Brevan Howard's fund management operations, granting the firm access to prime services across both traditional and digital markets via the Ripple Prime platform.

The expansion strengthens institutional digital asset infrastructure, with Ripple Prime currently serving over 300 institutional customers and clearing more than $3 trillion annually. While the arrangement provides Brevan Howard with brokerage and financing across multiple asset classes, the announcement did not specify the use of XRP or the RLUSD stablecoin within the expanded prime brokerage framework.