Hedge fund Brevan Howard, managing approximately $35 billion in assets, will adopt Ripple Prime for multi-asset brokerage and clearing services.

According to The Block, Ripple announced an expansion of its partnership with global hedge fund Brevan Howard, which will adopt Ripple Prime’s multi-asset prime brokerage, clearing, and financing services to further expand its utilization of Ripple’s institutional-grade financial infrastructure and digital asset products. Managing approximately $35 billion in assets, Brevan Howard’s Group Chief Operating Officer Alan McGroarty stated that as digital assets increasingly integrate with traditional financial markets, institutional demand for digital asset infrastructure continues to grow, and Ripple’s platform is expected to enhance operational efficiency and capital utilization for investment teams. This partnership builds on an existing investment relationship between the two parties. Brevan Howard had previously invested in Ripple and participated in its $500 million strategic funding round last year. Ripple Prime is an institutional-grade prime brokerage platform launched by Ripple following its $1.25 billion acquisition of Hidden Road in 2025.