Brevan Howard funds will use Ripple Prime for multi-asset prime brokerage, clearing, and financing under an expanded relationship announced on 6 October.
The official Ripple release identifies Brevan Howard as a global alternative investment manager with approximately $35 billion under management. Ripple Prime is the institutional brokerage business created from Ripple’s acquisition of Hidden Road.
The mandate extends an existing financial relationship. Brevan Howard affiliates participated in Ripple’s $500 million strategic investment in 2025. Ripple Prime has since expanded beyond crypto spot execution into financing, cross-asset clearing, and direct connectivity with venues including Hyperliquid.
No transaction volume, financing commitment, fee structure, or launch schedule was disclosed. The announcement confirms Brevan Howard as a client but does not show how much of the hedge fund’s activity will move through Ripple Prime.
TOKEN RECON ASSESSMENT
Prime brokerage becomes strategically valuable when clients consolidate execution, collateral, financing, and reporting through it. Brevan Howard is a credible institutional reference, but the commercial significance depends on actual balances and flow. Evidence of material adoption would come through financing utilization, counterparty disclosures, or Ripple Prime revenue rather than the client name alone.
Sources
Ripple, Brevan Howard partnership announcement: https://ripple.com/ripple-press/ripple-and-brevan-howard-deepen-relationship/
The Block, Brevan Howard to use Ripple Prime: https://www.theblock.co/news/business/2026-10-06-ripple-prime-brevan-howard-prime-brokerage-clearing-financing-417801
