Brevan Howard Expands Cooperation with Ripple Prime
2026-10-06 23:29:18
According to CoinMeta, Brevan Howard announced an expansion of its cooperation with Ripple Prime, and Ripple Prime will manage $35 billion in assets for them. As per the announcement on Tuesday, Brevan Howard will receive services from Ripple Prime in both traditional and digital asset markets. This agreement builds upon the existing relationship between the two companies; funds under Brevan Howard were involved in a $500 million investment in Ripple in 2025, which elevated Ripple's valuation to $40 billion. Alan McGroarty, the chief operating officer of Brevan Howard, stated that as digital and traditional markets become increasingly interconnected, the demand for institutional-level digital asset infrastructure is growing continuously.
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Source:Cointelegraph
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