Brevan Howard adopts Ripple Prime for multi-asset clearing and financing

Ripple expanded its relationship with global investment manager Brevan Howard. Ripple Prime will provide multi-asset prime brokerage, clearing and financing services to Brevan Howard funds. The agreement advances Ripple’s institutional market infrastructure across traditional and digital assets.

Scope of the Agreement

Ripple Prime will deliver prime services through a unified platform that spans conventional and digital markets. The design targets capital efficiency and streamlined operations for professional investors. Ripple is moving deeper into institutional trading infrastructure beyond the movement of money between counterparties.

Ripple’s Institutional Buildout

Ripple remains associated with XRP and payments while building institutional financial infrastructure across custody, stablecoins and prime brokerage. Ripple Prime sits at the center of this expansion. The business emerged from the acquisition and integration of institutional brokerage capabilities and provides a single framework for trading, financing and position management across asset classes.

Brevan Howard’s Role

Brevan Howard is a global macro investment manager active in digital assets. An affiliate participated in Ripple’s previously announced 500 million dollar strategic investment round. The new agreement shifts the relationship to operations, with Brevan Howard funds set to use Ripple infrastructure for functions associated with institutional prime brokers.

Infrastructure and Market Implications

Ripple Prime President Noel Kimmel said demand is rising for infrastructure that spans conventional and digital markets without forcing institutions to work through disconnected systems. As digital asset markets mature, underlying infrastructure becomes central. Clearing, collateral, financing, custody and capital efficiency operate as one institutional stack. Ripple aims to capture a larger share of this stack. Brevan Howard’s expanded use of Ripple Prime places the platform within the operations of a major institutional manager.

Ripple Prime strengthens Ripple’s position in institutional market infrastructure and extends its footprint beyond payments into multi-asset trading and financing.

Institutional adoption increasingly depends on integrated infrastructure, not single crypto products.