On October 7, asset management firm Brevan Howard announced it will utilize Ripple Prime for brokerage, clearing, and financing services. The partnership focuses on leveraging Ripple's infrastructure for institutional financial operations. Notably, the agreement does not disclose whether the XRP cryptocurrency will be used within these services. This collaboration marks a significant step in institutional digital asset integration based on the provided facts.
The $35 billion alternative investment manager will utilize Ripple's infrastructure for clearing and brokerage across traditional and digital asset markets.
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