Ripple and Brevan Howard extend partnership for prime brokerage services
07 October 2026 US
Image: aekkorn/stock.adobe.com
Ripple has expanded its partnership with Brevan Howard to provide multi-asset prime brokerage, clearing, and financing services to the firm's funds.
Under the terms of the expanded agreement, Brevan Howard will access these services through Ripple Prime, Ripple鈥檚 institutional prime brokerage platform.
The mandate builds on an existing financial relationship between the two entities as funds managed by affiliates of Brevan Howard previously participated in Ripple鈥檚 US$500 million strategic investment round in 2025.
Noel Kimmel, president of Ripple Prime, states: 鈥淭here are few firms equipped to provide the next generation of prime services that sophisticated investors expect, and Brevan Howard鈥檚 trust in Ripple Prime is recognition of our strong competitive position and cross-asset capabilities.
鈥淏revan Howard continues to be at the forefront of innovation across increasingly intertwined traditional and digital markets, and we are excited to partner with a firm that shares our vision for the future of global finance.鈥�
Alan McGroarty, group chief operating officer at Brevan Howard, adds: 鈥淎s digital and traditional markets become more interconnected, the need for institutional-quality digital asset infrastructure that enables a seamless experience for investors is only growing.
鈥淩ipple has built a differentiated platform that we expect will provide our investment teams with increased operational ease and capital efficiency.鈥�
Under the terms of the expanded agreement, Brevan Howard will access these services through Ripple Prime, Ripple鈥檚 institutional prime brokerage platform.
The mandate builds on an existing financial relationship between the two entities as funds managed by affiliates of Brevan Howard previously participated in Ripple鈥檚 US$500 million strategic investment round in 2025.
Noel Kimmel, president of Ripple Prime, states: 鈥淭here are few firms equipped to provide the next generation of prime services that sophisticated investors expect, and Brevan Howard鈥檚 trust in Ripple Prime is recognition of our strong competitive position and cross-asset capabilities.
鈥淏revan Howard continues to be at the forefront of innovation across increasingly intertwined traditional and digital markets, and we are excited to partner with a firm that shares our vision for the future of global finance.鈥�
Alan McGroarty, group chief operating officer at Brevan Howard, adds: 鈥淎s digital and traditional markets become more interconnected, the need for institutional-quality digital asset infrastructure that enables a seamless experience for investors is only growing.
鈥淩ipple has built a differentiated platform that we expect will provide our investment teams with increased operational ease and capital efficiency.鈥�
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