Ripple expands Brevan Howard deal with prime brokerage services
Ripple Prime will provide prime brokerage, clearing and financing services to funds managed by the $35 billion alternative investment manager.
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What happened
Ripple Prime will provide prime brokerage, clearing and financing services to funds managed by the $35 billion alternative investment manager.
Reported details
- Ripple Prime will provide prime brokerage, clearing and financing to Brevan Howard, deepening a tie that began with its Ripple investment.
Why this matters
Ripple is a capital event. For tokenized-asset readers the useful question is what the money funds and who ends up holding the tokenized claim afterwards — a round that changes the balance sheet without changing custody or issuance terms leaves token holders in the same position.
Evidence boundary
The scope is limited to what the linked reports state, and where two of them diverge both positions are recorded without either being picked in advance.
What to verify
Confirm the terms of Ripple in a dated filing rather than a summary: the amount, the investors, and whether the post-money structure changes who can redeem.
Sources and editorial check time
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Cointelegraph: https://cointelegraph.com/news/ripple-expands-brevan-howard-deal-with-prime-brokerage-services
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The Block RSS: https://www.theblock.co/news/business/2026-10-06-ripple-prime-brevan-howard-prime-brokerage-clearing-financing-417801
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Editorial source check time: 2026-10-06T16:03:56.231Z
This information is educational and is not financial, legal, or tax advice.