October DealsAmazon USOctober deal check: compare before you payAmazon US: current deals, useful picks and tech finds.Check DealsClean PCRecommendedOne scan can reveal what keeps slowing WindowsLook for cleanup and repair opportunities.Run ScanOctober DealsAmazon USDeal season is back - check today's better picksAmazon US: current deals, useful picks and tech finds.See Picks×
Skip to content
The Finance Base
The Money Desk · Blog
Re:

Brevan Howard to Use Ripple Prime for Multi-Asset Brokerage, Clearing and Financing

Ripple says its Ripple Prime service will provide brokerage, clearing and financing to Brevan Howard funds, but the firms have not disclosed participating funds, instruments, timing or terms.
From TheFinanceBase Team4 min to read

What’s actually slowing this PC down?

Pick the symptom - the matching free tool is one click away.

Special offer. See more information about Outbyte and uninstall instructions. Please review EULA and Privacy policy.

Ripple says it will provide multi-asset prime brokerage, clearing and financing services to funds managed by Brevan Howard affiliates. Announced October 6, 2026, the expanded relationship does not specify which funds or instruments are included, when onboarding will begin, or the agreement’s financial terms.

What Ripple Prime will do for Brevan Howard

Ripple’s announcement says Ripple Prime will provide prime brokerage, clearing and financing to Brevan Howard funds. It describes an expanded relationship between the firms—not an acquisition of Ripple Prime by Brevan Howard, nor a disclosed investment by Brevan Howard in the service. The announcement does not say that all Brevan Howard funds are already using Ripple Prime.

Ripple describes Brevan Howard as managing about $35 billion in assets for institutional investors worldwide. That figure is Ripple’s description in its October 6, 2026 announcement, not a disclosed measure of assets being transferred to Ripple Prime.

The firms did not disclose onboarding dates, participating funds, transaction volumes, pricing or detailed contractual terms. As a result, the announcement establishes the service categories, but not the scale or practical terms of the arrangement.

Special offer. See more information about Outbyte and uninstall instructions. Please review EULA and Privacy policy.
#1 Best Overall
TANGEM Crypto Wallet Pack of 2 – Trusted Cold Storage Hardware Wallet
  • Proven security at scale: Over 9 years and millions of cards issued with no known remote hacks, while military‑grade EAL6+ security keeps your private keys locked inside the chip. Your cryptocurrencies stay strongly protected from online attackers.
  • Tap once to manage your entire crypto wallet across 90 blockchains - no USB cables or Bluetooth, no batteries, no setup. Access 14,100+ coins & tokens, DeFi, NFTs, and staking instantly from your phone
  • Smart backup: Use your second Tangem Wallet as your Backup keys with end‑to‑end encryption; no more papers, pictures. If one card is lost, the remaining can still restore full access, with an optional seed phrase available for advanced users.
  • Engineered to last up to 25 years: Waterproof (IP69K), shockproof and tested for extreme temperatures from −25°C to 50°C. A durable cold wallet with long‑term protection and independently audited security.
  • Trusted by 6 million users worldwide - buy, sell, swap, stake, and spend cryptocurrency directly. The secure offline storage wallet designed for how people actually use crypto wallets

Which markets and services does Ripple Prime cover?

Ripple’s product page describes an institutional platform spanning digital assets and traditional markets. It lists digital assets, foreign exchange, precious metals, exchange-traded derivatives, OTC swaps and fixed-income repo. Ripple also describes OTC execution, sponsored access and direct market access, real-time risk management, cross-margining, risk-based margin financing and tri-party custody setups.

Those are descriptions of Ripple Prime generally. The Brevan Howard announcement does not identify the instruments, markets, jurisdictions, custody arrangements or specific platform features that the funds will use.

Ripple acquired Hidden Road in 2025 and renamed it Ripple Prime. In its April 8, 2025 announcement of the $1.25 billion acquisition, Ripple described Hidden Road as an institutional clearing, prime brokerage and financing provider across FX, digital assets, derivatives, swaps and fixed income. The acquisition announcement said Hidden Road cleared $3 trillion annually across markets and served more than 300 institutional customers at that time; these are historical Hidden Road figures, not current Ripple Prime metrics.

Rank #2
Ballet XRP Cold Storage Coin 2-Pack - Physical Ripple Wallet, Steel
  • 2 XRP COLD STORAGE COINS FOR FLEXIBLE STORAGE - This 2-pack includes two physical XRP cold storage coins, ideal for splitting holdings, keeping one as a backup, or giving one as a gift while maintaining a dedicated XRP-only storage format.
  • NO ELECTRONICS FOR OFFLINE XRP STORAGE - No battery, no Bluetooth, no USB, and no firmware updates. These stainless steel XRP coins are designed for offline cold storage and keep key information separate from internet-connected devices.
  • NO SEED PHRASE AND NO PIN OR PASSWORD - Ballet simplifies XRP cold storage with no 12 or 24-word seed phrase to write down and no PIN or password to remember, making setup easier for beginners and long-term holders.
  • WORKS WITH BALLET CRYPTO APP FOR XRP - Use the Ballet Crypto App for iOS and Android to scan each coin, view the XRP address, load XRP, check balances, and transfer XRP through a guided workflow.
  • TAMPER-EVIDENT SECURITY LAYERS - Each coin includes peel-to-reveal protection that helps provide a clear visual signal if the private key area has been accessed. Once opened to move funds out, the coin should not be reused for secure cold storage.

In a separate U.S. product announcement on November 3, 2025, Ripple said U.S.-based institutional clients could execute OTC spot transactions in dozens of prominent digital assets and cross-margin those transactions and holdings with other digital-asset positions, including OTC swaps and CME futures and options. That announcement describes a U.S. capability; it does not establish which services, instruments or locations are covered by the Brevan Howard agreement.

Special offer. See more information about Outbyte and uninstall instructions. Please review EULA and Privacy policy.

What the executives said—and what remains unproven

Brevan Howard Group COO Alan McGroarty said that “as digital and traditional markets become more interconnected, the need for institutional-quality digital asset infrastructure that enables a seamless experience for investors is only growing.” He also said Ripple’s platform is expected to provide investment teams with “increased operational ease and capital efficiency.” That is his expectation; Ripple’s announcement reports no measured operational or financial result.

Rank #3
Sale
TANGEM Crypto Wallet Pack of 3 – Trusted Cold Storage Hardware Wallet
  • Proven security at scale: Over 9 years and millions of cards issued with no known remote hacks, while military‑grade EAL6+ security keeps your private keys locked inside the chip. Your cryptocurrencies stay strongly protected from online attackers.
  • Tap once to manage your entire crypto wallet across 90 blockchains - no USB cables or Bluetooth, no batteries, no setup. Access 14,100+ coins & tokens, DeFi, NFTs, and staking instantly from your phone
  • Smart backup: Use your second Tangem Wallet as your Backup keys with end‑to‑end encryption; no more papers, pictures. If one card is lost, the remaining can still restore full access, with an optional seed phrase available for advanced users.
  • Engineered to last up to 25 years: Waterproof (IP69K), shockproof and tested for extreme temperatures from −25°C to 50°C. A durable cold wallet with long‑term protection and independently audited security.
  • Trusted by 6 million users worldwide (4.9 App Store, 4.8 Google Play) - buy, sell, swap, stake, and spend cryptocurrency directly. The secure offline storage wallet designed for how people actually use crypto wallets

Ripple Prime President Noel Kimmel called Brevan Howard’s trust recognition of Ripple Prime’s competitive position and cross-asset capabilities, and said the expanded relationship reflects “a long-term commitment to shared success.” These are statements from company representatives, not an independent evaluation of the platform or agreement.

How the agreement relates to Ripple’s 2025 investment round

Ripple says funds managed by Brevan Howard affiliates participated in its $500 million strategic investment in 2025. The $500 million is the size of Ripple’s investment round, not Brevan Howard’s disclosed contribution. Ripple has not stated how much the affiliated funds invested.

Rank #4
SecuX W10 Crypto-Asset Hardware Wallet - The Ideal Solution for Safely Storing Your Bitcoin, Ethereum, Ripple, Litecoin, Bitcoin Cash and More
  • SECURE - The SecuX hardware wallet has a complete suite of security features in place, from protected production chain, to tamper resistant packaging, right down to its military grade, hardened secure element for keeping your assets safe and unassailable
  • COMPATIBLE - Use the SecuX hardware wallet with your Windows, Mac or Linux computer - Store your Bitcoin, Ethereum, Ripple, Litecoin, Bitcoin Cash, ERC-20 tokens, and many more to come
  • CONVENIENT - Simple, streamlined interface ensures you can use it easily, avoid mistakes and keep your assets safe - Simple firmware update process is more streamlined than the competitors to ensure smooth updates, maximizing security and usability
  • TOUCH SCREEN - The SecuX hardware wallet is easy to interact with thanks to its 2.8” full color touch screen including on-screen keyboard - On-screen verification of addresses gives you protection from malware that may attempt to redirect your funds
  • ONGOING DEVELOPMENT - More coins and crypto assets are added on a regular basis, ensuring your wallet is future proof and can store all major cryptocurrencies and tokens

Separately, Ripple said in its October 24, 2025 acquisition-closing article that Ripple Prime’s business had grown 3X since the initial Hidden Road acquisition announcement. That is a company-reported historical comparison; the article does not provide a measurement method. It should not be read as a current independently verified operating metric or as an outcome of the Brevan Howard agreement.

Special offer. See more information about Outbyte and uninstall instructions. Please review EULA and Privacy policy.
Independent reader supportYour contribution helps us test, update, and keep practical guides available for everyone.Support on Ko-Fi

What institutional clients can assess from the announcement

The announcement signals a relationship around institutional infrastructure for traditional and digital markets, but does not provide enough detail to compare Ripple Prime’s terms with another prime broker or to determine whether a particular fund’s needs are met. An institutional evaluation would normally examine:

Best Value
ELLIPAL X Card Crypto Wallet – Cold Wallet for Bitcoin, Ethereum, XRP, NFTs & 10,000+ Tokens – NFC Hardware Wallet for Cold Storage
  • READY IN 3 MINUTES – Set up your ELLIPAL X Card crypto wallet on the offline Starter device, then tap to the ELLIPAL mobile App and start using it. This 100% offline crypto wallet is a no battery crypto wallet with no charging, no firmware updates, and no complicated setup.
  • TURN ANY WALLET INTO A CARD – Already have a wallet? Import your recovery phrase from MetaMask, Trust Wallet, Ledger, Trezor, or any compatible seed phrase wallet. X Card works as a backup wallet and physical twin of your existing bitcoin wallet, ethereum wallet, NFT wallet, or altcoin wallet — no transfers, no new accounts, no starting over.
  • BUILT ON AN EAL6+ SECURE CHIP – Designed as a secure crypto wallet and private key wallet, X Card generates and stores your private keys inside the EAL6+ secure chip. Your keys never reach your phone, the App, USB, Bluetooth, or the internet, making it a true no bluetooth hardware wallet and no USB crypto wallet.
  • ONE APP, EVERYTHING CRYPTO – Manage more with one cold storage wallet. Buy, sell, swap, send, spend, and earn across 45+ blockchains and 10,000+ tokens. Use X Card as your cryptocurrency wallet, coins and tokens wallet, DeFi wallet, and staking wallet for everyday crypto management.
  • TAP TO CRYPTO – Carry your crypto cold wallet on a card and secure every transaction with one NFC tap. ELLIPAL X Card combines the simplicity of a crypto wallet with the protection of a cold storage hardware wallet.
  • Which asset classes, instruments and execution venues are actually available to the client.
  • Clearing arrangements, financing costs, margin terms and eligible collateral.
  • How cross-margining and risk controls work, including which positions can be netted.
  • Custody structure, asset segregation and the parties responsible for safeguarding assets.
  • Jurisdictional availability, regulatory permissions and operational integration.
  • Service-level commitments, onboarding requirements and contractual remedies.

Ripple’s product materials mention cross-margining, risk management and tri-party custody setups, but the Brevan Howard announcement does not disclose the terms or configurations applicable to these funds. It also does not say that XRP or RLUSD will be used, that Ripple’s blockchain will settle fund trades, that client assets are guaranteed, or that the relationship has improved investment performance.

Product prices and availability are accurate as of the date/time indicated and are subject to change. Any price and availability information displayed on Amazon at the time of purchase will apply.

Leave a Reply

Your email address will not be published. Required fields are marked *

Special offer. See more information about Outbyte and uninstall instructions. Please review EULA and Privacy policy.

More post from the Money Desk

  1. The Money DeskBlogTheFinanceBase09 OCT 267 minMortgage Escrow FAQs: Taxes, Insurance, Shortages, and Refunds
  2. The Money DeskBlogTheFinanceBase09 OCT 265 minHow Mortgage Escrow Accounts Work and What Homeowners Pay For
  3. The Money DeskBlogTheFinanceBase09 OCT 265 minHow to Read a Stock Chart, Volume and Market-Cap Data
Recommended PC Tool
Recommended PC Tool
Crashes, No Sound, or Screen Glitches?Free driver scan
Windows Errors? Fix Them Before They SpreadFree repair scan

Two free Windows tools

One Free Minute Could Fix That PC

Before you go - each of these free tools takes about a minute and tackles what quietly slows a Windows PC down.

Special offer. View Outbyte info, uninstall instructions, EULA, and Privacy Policy.