Key Takeaways
- • Ripple expands prime brokerage relationship with Brevan Howard, with Ripple Prime now providing multi-asset prime brokerage, clearing, and financing services to Brevan Howard funds across traditional and digital markets.
- • Expansion signals institutional demand for enterprise-grade prime brokerage solutions that bridge traditional finance and digital assets within a single regulated platform.
- • Brevan Howard gains access to Ripple Prime's unified infrastructure designed to enhance capital efficiency and operational simplicity across multiple asset classes.
- • The deepened partnership builds on an existing relationship and reflects Brevan Howard's positioning at the forefront of innovation as digital and traditional markets converge.
Summary
Brevan Howard, a leading global alternative investment manager specializing in global macro and digital assets, will now leverage Ripple Prime's unified platform across multiple asset classes and products. The expansion addresses what both firms characterize as growing demand from top-tier institutional investors for prime brokerage solutions that seamlessly span traditional and digital markets without requiring separate operational infrastructure or counterparties.
According to Noel Kimmel, President of Ripple Prime, the arrangement reflects confidence in Ripple's competitive positioning and cross-asset capabilities in the emerging institutional-grade digital finance market. Alan McGroarty, Group COO of Brevan Howard, emphasized that the partnership will provide his investment teams with increased operational ease and capital efficiency as digital and traditional markets become more interconnected. The expanded relationship builds on Brevan Howard's prior support for Ripple, indicating a maturing commercial partnership in the institutional blockchain and digital asset space.
Go deeper than the headline
Research every firm in this story, track the ones that matter and get the daily briefing — free for 7 days.