Key Takeaways
- • Ripple Prime will provide multi-asset prime brokerage, clearing and financing services to Brevan Howard funds under an expanded agreement announced July 10, 2026.
- • The arrangement spans traditional and digital asset markets, giving Brevan Howard a single platform for cross-asset prime services.
- • Ripple Prime President Noel Kimmel positioned the deal as recognition of the firm's competitive position and cross-asset capabilities.
- • Brevan Howard Group COO Alan McGroarty cited institutional-quality digital asset infrastructure and capital efficiency as the key benefits for investment teams.
- • The deal signals continued convergence of traditional prime brokerage and digital asset infrastructure among top-tier alternative managers.
Summary
Ripple, a provider of blockchain solutions across traditional and digital finance, and Brevan Howard, a global alternative investment manager focused on global macro and digital assets, announced that they are deepening their relationship. Under the expanded agreement, Ripple Prime will provide multi-asset prime brokerage, clearing and financing services to Brevan Howard funds.
The companies framed the arrangement as a response to growing demand from leading investment managers for prime brokerage across traditional and digital markets within a regulated, enterprise-grade framework. Brevan Howard will gain access to prime services spanning asset classes and products through Ripple Prime's unified platform, which is designed to improve capital efficiency and operational simplicity.
Noel Kimmel, President of Ripple Prime, said that Brevan Howard's trust in the platform reflects the firm's strong competitive position and cross-asset capabilities. He described the expanded relationship as a long-term commitment to shared success and said Ripple shares Brevan Howard's vision for the future of global finance.
Alan McGroarty, Group COO of Brevan Howard, said that as digital and traditional markets become more interconnected, demand for institutional-quality digital asset infrastructure that delivers a seamless investor experience is growing. He said Ripple has built a differentiated platform that should give the firm's investment teams greater operational ease and capital efficiency.
The announcement contains no disclosed financial terms, asset volumes, or contract duration.
The companies framed the arrangement as a response to growing demand from leading investment managers for prime brokerage across traditional and digital markets within a regulated, enterprise-grade framework. Brevan Howard will gain access to prime services spanning asset classes and products through Ripple Prime's unified platform, which is designed to improve capital efficiency and operational simplicity.
Noel Kimmel, President of Ripple Prime, said that Brevan Howard's trust in the platform reflects the firm's strong competitive position and cross-asset capabilities. He described the expanded relationship as a long-term commitment to shared success and said Ripple shares Brevan Howard's vision for the future of global finance.
Alan McGroarty, Group COO of Brevan Howard, said that as digital and traditional markets become more interconnected, demand for institutional-quality digital asset infrastructure that delivers a seamless investor experience is growing. He said Ripple has built a differentiated platform that should give the firm's investment teams greater operational ease and capital efficiency.
The announcement contains no disclosed financial terms, asset volumes, or contract duration.
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