Ripple is expanding its relationship with Brevan Howard, with Ripple Prime set to provide multi-asset prime brokerage, clearing and financing services to funds managed by the global investment firm. The agreement extends institutional access to Ripple’s cross-asset infrastructure across traditional and digital markets.
The platform is designed to combine traditional and digital market services within a single institutional framework, reflecting growing demand from investment managers for prime brokerage capabilities that can operate across both asset classes.
The expanded relationship builds on Brevan Howard’s existing connection with Ripple. Funds managed by Brevan Howard affiliates participated in Ripple’s $500 million strategic investment round in 2025, providing an established basis for the latest expansion.
Ripple Prime forms part of Ripple’s broader institutional offering, which includes payments, custody and treasury management services. The addition of multi-asset prime brokerage, clearing and financing further broadens the range of infrastructure Ripple can provide to institutional investors operating across traditional and digital markets.
The development points to continued convergence between conventional financial markets and digital assets at the institutional infrastructure level. For investment managers, the ability to access multiple asset classes through a unified platform may reduce operational fragmentation and support a more integrated approach to market activity.
The next focus will be how broadly Ripple Prime’s cross-asset model is adopted by investment managers and whether expanded institutional relationships translate into deeper use of Ripple’s broader financial infrastructure.
