Brevan Howard to use Ripple Prime for multi-asset brokerage, clearing and financing
Ripple Prime will provide prime brokerage, clearing and financing to Brevan Howard, deepening a tie that began with its Ripple investment.
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What happened
Ripple Prime will provide prime brokerage, clearing and financing to Brevan Howard, deepening a tie that began with its Ripple investment.
Reported details
- Ripple has expanded its agreement with Brevan Howard, a fund manager overseeing about $35 billion, to provide its funds with multi-asset prime brokerage, clearing, and financing through Ripple Prime. Ripple announced on Oct. 6 that Brevan Howard funds will use…
Why this matters
Brevan Howard concerns the prime brokerage and financing side of institutional crypto operations: the figure worth having is the one net of financing cost, collateral terms, and the credit behind the counterparty. A headline number without those deductions is not a cost, and this brief does not treat it as one.
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
Read Brevan Howard for what the arrangement actually covers: which assets are in scope, on what terms, and what the counterparty credit and collateral arrangements are.
Sources and editorial check time
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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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crypto.news Live: https://crypto.news/ripple-prime-provide-brokerage-services-brevan-howard/
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Editorial source check time: 2026-10-07T08:33:22.154Z
This information is educational and is not financial, legal, or tax advice.