Key Highlights:
- Brevan Howard has expanded its collaboration with Ripple through Ripple Prime to meet the growing need for institutional digital asset infrastructure.
- Ripple Prime President Noel Kimmel highlighted surging demand for cross-asset prime brokerage capabilities tailored to institutional players across traditional and digital markets.
- The agreement reinforces an ongoing relationship following the participation of Brevan Howard-managed funds in Ripple’s $500 million strategic investment round in 2025.
Institutional Infrastructure Expands Across Digital and Traditional Finance
Alternative investment management firm Brevan Howard is deepening its engagement with institutional digital asset services through an expanded agreement with Ripple Prime. The partnership aims to provide high-grade infrastructure as the boundary between conventional finance and digital asset markets continues to dissolve.
Addressing the ongoing evolution of institutional market access, Brevan Howard Group COO Alan McGroarty emphasized the necessity of bridging legacy systems with modern trading capabilities. “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,”
Brevan Howard Group COO Alan McGroarty said.
Meeting Demand for Cross-Asset Prime Services
The agreement reflects an accelerating requirement among major asset managers for sophisticated prime brokerage services that operate effectively across multiple asset classes. Ripple Prime President Noel Kimmel noted that the agreement underscores a growing demand for cross-asset prime services and aligns with the company’s strategic objective to cater to institutional investors operating across both traditional and digital financial domains.
The collaboration builds directly on an existing foundation between the two financial entities. Funds managed by Brevan Howard affiliates previously participated in Ripple’s $500 million strategic investment round in 2025, solidifying a multi-faceted relationship encompassing both investment and operational infrastructure.
Ripple Prime and the Broader Suite of Institutional Products
Ripple Prime serves as a core component of Ripple’s enterprise-level ecosystem. Alongside its prime brokerage offering, Ripple’s institutional suite includes specialized capabilities in cross-border payments, digital asset custody, and corporate treasury management services designed to handle complex institutional demands.
Why This Matters
As institutional asset managers like Brevan Howard expand their digital asset operations, enterprise-grade access and prime infrastructure have become critical prerequisites for scale. The deepening relationship between Brevan Howard and Ripple highlights how prominent legacy-focused hedge funds are embedding comprehensive digital asset capabilities into their operational framework, relying on integrated solutions that span prime services, custody, and treasury management.
Frequently Asked Questions
What is Ripple Prime?
Ripple Prime is part of Ripple’s broader institutional suite, designed to provide prime services across digital and traditional financial markets, operating alongside Ripple’s custody, payment, and treasury management offerings.
What prior relationship exists between Brevan Howard and Ripple?
Prior to this agreement, funds managed by Brevan Howard affiliates participated in Ripple’s $500 million strategic investment round in 2025.
Why are institutional firms turning to cross-asset prime infrastructure?
As traditional and digital markets converge, institutional firms require high-quality, seamless market infrastructure that supports complex trading, custody, and treasury needs across both financial ecosystems.
