Ripple and Brevan Howard, a global alternative investment manager with $35 billion in assets under management, have expanded their partnership, with Ripple Prime now providing multi-asset prime brokerage, clearing, and financing services to Brevan Howard funds. The announcement, made October 6, 2026, reflects institutional demand for enterprise-grade prime services spanning traditional and digital asset classes within a single unified platform.
- Brevan Howard AUM: $35 billion
- Ripple Licenses: Over 85 globally
- Prior Investment: Brevan Howard participated in Ripple’s $500 million strategic investment round in 2025
- Key Offering: Unified platform for clearing, financing, and prime brokerage across asset classes
The expanded relationship builds on an existing partnership, with funds affiliated with Brevan Howard having participated in Ripple’s $500 million strategic investment in 2025. Ripple Prime operates within a regulated framework and aims to enhance capital efficiency and operational simplicity for institutional investors navigating increasingly interconnected traditional and digital markets.
There are few firms equipped to provide the next generation of prime services that sophisticated investors expect, and Brevan Howard’s trust in Ripple Prime is recognition of our strong competitive position and cross-asset capabilities. Our expanded relationship reflects a long-term commitment to shared success.
– Noel Kimmel, President of Ripple Prime, Ripple
As digital and traditional markets become more interconnected, the need for institutional-quality digital asset infrastructure that enables a seamless experience for investors is only growing. Ripple has built a differentiated platform that we expect will provide our investment teams with increased operational ease and capital efficiency.
– Alan McGroarty, Group COO of Brevan Howard, Brevan Howard
Ripple, founded in 2012, holds over 85 licenses globally and provides blockchain-based payments, custody, prime brokerage, and treasury management solutions. The firm operates RLUSD, a stablecoin, and supports XRP, the digital asset underlying its platform infrastructure. Brevan Howard manages assets for institutional investors worldwide, including sovereign wealth funds, pension plans, foundations, and endowments, with approximately 1,000 employees across nine global offices.
Noel Kimmel, President of Ripple Prime, Ripple. Source: LinkedIn
