Ripple expands Brevan Howard partnership around Ripple Prime services

Ripple expands Brevan Howard partnership around Ripple Prime services

N
News Editor
2026-10-06 14:38:55
Ripple has deepened its partnership with global hedge fund Brevan Howard, according to The Block, in a move that broadens the fund’s use of Ripple’s institutional digital-asset infrastructure. Under the arrangement, Brevan Howard will use Ripple Prime for multi-asset prime brokerage, clearing, and financing services. Brevan Howard currently manages about $35 billion in assets. Group Chief Operating Officer Alan McGroarty said demand for digital-asset infrastructure continues to rise as digital assets become more integrated with traditional financial markets. He said Ripple’s platform could improve both operating efficiency for investment teams and capital efficiency. The expanded partnership builds on an existing investment relationship between the two companies. Brevan Howard had previously invested in Ripple and also took part in Ripple’s $500 million strategic financing round last year. Ripple Prime was launched after Ripple acquired Hidden Road for $1.25 billion in 2025 and positioned the platform as an institutional prime brokerage offering.

Ripple has expanded its partnership with global hedge fund Brevan Howard, according to The Block. As part of the deeper tie-up, Brevan Howard will use Ripple Prime for multi-asset prime brokerage, clearing, and financing services, extending its use of Ripple’s institutional financial infrastructure and digital-asset products.

Brevan Howard manages about $35 billion in assets. Alan McGroarty, the group’s chief operating officer, said demand for digital-asset infrastructure keeps rising as digital assets become increasingly integrated with traditional financial markets. He said Ripple’s platform could improve operational efficiency for investment teams and make capital use more efficient.

The partnership builds on an existing investment relationship between the two firms. Brevan Howard had already invested in Ripple and participated in its $500 million strategic financing round last year. Ripple Prime is an institutional prime brokerage platform that Ripple launched after acquiring Hidden Road for $1.25 billion in 2025.

This article was originally published by Bit.Fan. For more cryptocurrency news and market insights, visit www.bit.fan.
100

Disclaimer:

The market information, project data, and third-party content displayed on this platform are for industry information sharing only and do not constitute any form of investment advice or return commitment.

Cryptocurrency trading carries high risks. Users should fully assess their risk tolerance and make independent decisions. All profits, losses, and legal responsibilities are borne by the users themselves.