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Ripple Expands Services to Brevan Howard with Multi-Asset
Summary
Ripple has expanded its offerings by partnering with Brevan Howard to provide multi-asset prime brokerage, clearing, and financing services. This move is a significant step in bridging traditional finance with the digital asset landscape, showcasing Ripple’s commitment to serving institutional...
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Blockchain solutions company Ripple has expanded its agreement with global investment manager Brevan Howard. Ripple Prime will provide services to the company's funds across different asset classes. The collaboration aims to bring together transactions in traditional and digital markets on a common platform.
Brevan Howard, a fund that manages nearly $35 billion, will turn to Ripple Prime for brokerage, clearing and financing services in several assets. The agreement deepens a relationship that already included investments in Ripple and expands the role of the platform in the institutional market.