The hedge fund Brevan Howard, which manages approximately 35 billion USD in assets, will adopt Ripple Prime to provide multi-asset brokerage and clearing services

According to The Block, Ripple announced a deepening of its cooperation with the global hedge fund Brevan Howard, which will adopt the multi-asset prime brokerage, clearing, and financing services provided by Ripple Prime, further expanding the use of Ripple's institutional-grade financial infrastructure and digital asset products.

Brevan Howard currently manages approximately $35 billion in assets, and its Group Chief Operating Officer Alan McGroarty stated that as digital assets increasingly integrate with traditional financial markets, the demand for digital asset infrastructure from institutions continues to grow. Ripple's platform is expected to enhance the operational efficiency and capital utilization of investment teams.

This cooperation is built on the existing investment relationship between the two parties. Brevan Howard had previously invested in Ripple and participated in its strategic financing round last year, which amounted to $500 million. Ripple Prime is the institutional-grade prime brokerage platform launched by Ripple after acquiring Hidden Road for $1.25 billion in 2025.