Brevan Howard will use Ripple Prime for multi-asset brokerage, clearing, and financing

According to The Block, Brevan Howard will use Ripple Prime for multi-asset brokerage, clearing, and financing. Ripple Prime will provide multi-asset prime brokerage, clearing, and financing services to this hedge fund managing approximately $35 billion in assets.

This collaboration is built on Brevan Howard's previous investment in Ripple and participation in Ripple's $500 million strategic financing last year.