Ripple will offer trading and financing services to Brevan Howard, a huge investment firm, across both traditional and crypto markets.
Image source: CoinTelegraph
Ripple, the company behind the XRP cryptocurrency, is deepening its partnership with one of the world's biggest investment firms, Brevan Howard.
Under a new agreement announced Tuesday, a division called Ripple Prime will provide financial services to funds run by Brevan Howard, an "alternative investment manager" (a company that invests money for wealthy clients using strategies beyond simple stocks and bonds) that manages about $35 billion.
So what exactly is Ripple offering? Several key services:
The two companies already have close ties. In 2025, Brevan Howard-linked funds joined a $500 million investment in Ripple, a deal that valued Ripple at a massive $40 billion.
Ripple is quickly building out this new business. Some key facts:
The bottom line: This deal shows big, traditional financial players are getting more comfortable with crypto — and Ripple is positioning itself as a bridge between the old financial world and the new digital one.
This is an AI-generated summary. Read the original article at: https://cointelegraph.com/news/ripple-expands-brevan-howard-deal-with-prime-brokerage-services?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound