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

PANews October 6 news, 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, which manages approximately $35 billion in assets. This collaboration builds on Brevan Howard's previous investment in Ripple and its participation in Ripple's $500 million strategic financing last year.