Ripple Expands Institutional Market Infrastructure with Brevan Howard
- Ripple has expanded its relationship with global investment manager Brevan Howard.
- Ripple Prime will now provide multi-asset prime brokerage, clearing, and financing services to Brevan Howard funds.
- The agreement enhances Ripple’s role in institutional market infrastructure across traditional and digital assets.
- Brevan Howard gains access to a unified platform for improved capital efficiency and simplified operations.
- This expansion follows Brevan Howard’s previous involvement in Ripple’s $500 million strategic investment round.
Ripple’s partnership with Brevan Howard signifies a strategic move into institutional trading infrastructure, beyond just payments, by providing comprehensive services that span both traditional and digital markets.
By integrating these services, Ripple aims to enhance cross-asset positioning, which could be crucial for institutional adoption as the market matures. This collaboration marks a significant endorsement of Ripple Prime’s capabilities in the financial sector. (Source)
