Ripple expands services relationship with hedge fund Brevan Howard

Ripple is deepening its relationship with global hedge fund Brevan Howard, with the firm increasing its use of Ripple’s institutional infrastructure and digital asset products, The Block reported. Ripple Prime plans to provide multi-asset prime brokerage, clearing and financing services to Brevan Howard funds. The partnership builds on Brevan Howard’s existing investment in Ripple and its participation in Ripple’s $500 million strategic fundraising round last year.