- Ripple Prime will provide multi-asset prime brokerage, clearing, and financing services to funds managed by Brevan Howard, a $35 billion alternative investment manager.
- The expanded agreement builds on an existing relationship, following a $500 million investment in Ripple by Brevan Howard-affiliated funds in 2025 at a $40 billion valuation.
- The deal grants Brevan Howard access to Ripple Prime’s services across both traditional and digital asset markets.
On Tuesday, Ripple Prime announced an expanded agreement to provide multi-asset prime brokerage, clearing, and financing services to funds managed by Brevan Howard, a global investment manager with roughly $35 billion in assets. The new deal gives the firm access to Ripple Prime’s services across both traditional and digital asset markets, according to the announcement.
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Consequently, this expands on an existing relationship between the two companies. Brevan Howard-affiliated funds previously participated in a $500 million investment in Ripple in 2025 that valued the company at $40 billion.
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