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Ripple expands partnership with Brevan Howard for prime brokerage services
Ripple has expanded its partnership with Brevan Howard, a global alternative investment manager overseeing approximately $35 billion in assets. Under the new agreement, Ripple Prime will provide Brevan Howard's funds with multi-asset prime brokerage, clearing, and financing services across both traditional and digital asset markets.
This collaboration builds on an existing strategic relationship established in 2025, when Brevan Howard-affiliated funds participated in a $500 million investment round that valued Ripple at $40 billion. The deal highlights Ripple's growing role in institutional market infrastructure, moving beyond blockchain payments into traditional finance (TradFi) sectors.
Ripple Prime, which was formed following Ripple's $1.25 billion acquisition of the prime broker Hidden Road in 2025, has also become a significant provider of swap financing for leveraged exchange-traded funds (ETFs) in the United States. This expansion positions Ripple as a competitor to traditional banks and securities firms in the lucrative ETF financing market.
Entities
Brevan Howard · Hidden Road · Noel Kimmel · RLUSD · Ripple · Ripple Prime
Claims
What the coverage asserts, and how many sources carry each claim.
- [● 3 SOURCES] Ripple Prime has become a significant provider of swap financing to leveraged ETF issuers in the US market. cryptonews.com.au · www.cryptopolitan.com · www.pymnts.com
- [● 7 SOURCES] Brevan Howard-affiliated funds participated in a $500 million strategic investment round for Ripple in 2025, valuing the company at $40 billion. bittimes.net · comparic.pl · bitnewsbot.com · www.bitcoinsistemi.com · www.btc-echo.de · +2 more
- [● 6 SOURCES] Ripple acquired the prime broker Hidden Road for $1.25 billion in 2025, subsequently rebranding it as Ripple Prime. bittimes.net · comparic.pl · cryptonews.com.au · blogtienao.com · www.cryptopolitan.com · +1 more
- [● 10 SOURCES] Brevan Howard manages approximately $35 billion in assets. bittimes.net · comparic.pl · bitnewsbot.com · blogtienao.com · www.bitcoinsistemi.com · +5 more
- [● 11 SOURCES] Ripple Prime will provide multi-asset prime brokerage, clearing, and financing services to funds managed by Brevan Howard. bittimes.net · comparic.pl · bitnewsbot.com · blogtienao.com · www.bitcoinsistemi.com · +6 more