Ripple Prime Expands Brevan Howard Deal to Multi-Asset Brokerage, Clearing and Financing
Photo: Crypto Daily
On October 6, Ripple and Brevan Howard announced that Ripple Prime will provide the investment manager’s funds with multi-asset prime brokerage, clearing and financing services across traditional and digital markets. Brevan Howard oversees approximately $35 billion in assets, according to the companies’ announcement. The arrangement expands the relationship beyond Brevan Howard-affiliated funds’ previous investment in Ripple, placing Ripple Prime in a more operational role supporting Brevan Howard’s investment teams, including trading and the movement of capital across markets.
Source: Crypto Daily
