Brevan Howard Taps Ripple Prime for Prime Brokerage, Clearing, and Financing
Ripple's institutional services arm, Ripple Prime, will provide prime brokerage, clearing, and financing services to global hedge fund Brevan Howard. The arrangement deepens an existing relationship that originated with Brevan Howard's investment in Ripple. This marks a significant expansion of Ripple's institutional infrastructure footprint.
Ripple Prime has been selected by Brevan Howard, one of the world's largest macro hedge funds, to provide multi-asset prime brokerage, clearing, and financing services. The agreement builds on an existing institutional relationship that began when Brevan Howard made an investment in Ripple.
The partnership positions Ripple Prime as a serious institutional services provider in the digital asset space, extending its role beyond payments and liquidity into core capital markets infrastructure. Prime brokerage and clearing services are foundational to how large funds manage positions, execute trades, and access leverage.
For XRP and the broader Ripple ecosystem, this deal signals growing adoption of Ripple's institutional product suite by major traditional finance players. Brevan Howard manages tens of billions of dollars in assets, making its engagement with Ripple Prime a notable vote of confidence.
The arrangement also reflects a broader trend of hedge funds and asset managers seeking regulated, institutional-grade crypto service providers as digital asset markets mature and regulatory clarity improves.
Key facts
- •Ripple Prime will provide prime brokerage, clearing, and financing to Brevan Howard
- •Brevan Howard is a major global macro hedge fund
- •The relationship began with Brevan Howard's earlier investment in Ripple
- •Services cover multi-asset brokerage, not XRP alone
- •Represents an expansion of Ripple Prime's institutional services business