Ripple (XRP) Scores Another Major Wall Street Win With Brevan Howard

Ripple has taken another step deeper into institutional finance by expanding its relationship with Brevan Howard. The company behind XRP has doubled down on its partnership with Brevan Howard, one of the world’s largest alternative investment managers. Ripple Prime will allow the firm access to multi-asset prime brokerage, clearing, and financing. Another Institutional Heavyweight The announcement shared earlier on October 6 reads that Ripple has expanded its ongoing relationship with the Wall Street giant to reflect growing demand from major investment managers for infrastructure that spans both traditional and digital assets. Brevan Howard will be able to use Ripple Prime across different asset classes and products, with the platform designed to simplify operations and improve capital efficiency. “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,” said Alan McGroarty, Group COO of Brevan Howard...