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

On October 6, according to The Block, Ripple announced an expanded partnership with global hedge fund Brevan Howard, which will adopt the multi-asset prime brokerage, clearing, and financing services provided by Ripple Prime, further expanding its utilization of Ripple’s institutional-grade financial infrastructure and digital asset products.

Managing approximately $35 billion in assets, Brevan Howard Group Chief Operating Officer Alan McGroarty stated that as digital assets continue to integrate with traditional financial markets, institutional demand for digital asset infrastructure is growing steadily, and Ripple’s platform is expected to enhance the operational efficiency and capital efficiency of investment teams.

This collaboration builds upon the existing investment relationship between the two parties. Brevan Howard previously invested in Ripple and participated in its $500 million strategic funding round last year. Ripple Prime is the institutional-grade prime brokerage platform launched by Ripple following its $1.25 billion acquisition of Hidden Road in 2025.