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Why PAX Oriental expands its partnership with Ripple Prime

2026-10-07 03:17:07
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TLDR

Brevan Howard 通过 Ripple Prime 扩大服务范围,现有的投资纽带支持新协议的达成。Ripple Prime 正在构建多资产服务体系,机构扩张持续进行中。

Brevan Howard 通过 Ripple Prime 扩大访问权限

Brevan Howard 将扩大其在经纪、清算和融资服务中对 Ripple Prime 的使用。该投资基金在全球业务中管理着约 350 亿美元资产。Brevan Howard 关联基金参与了 Ripple 2025 年 5 亿美元的融资轮次。Ripple 于 2025 年以约 12.5 亿美元收购 Hidden Road 后建立了 Ripple Prime。Ripple 继续通过机构借贷、多资产清算和数字资产市场整合来扩展 Ripple Prime。

现有投资纽带支持新协议

Ripple 已与 Brevan Howard 扩大合作关系,随着这家对冲基金增加对 Ripple Prime 机构交易服务的使用,双方关系进一步加深。该协议使 Brevan Howard 的基金能够获取跨越数字市场和传统市场的多资产主经纪商、清算及融资服务。

Ripple Prime 是在 Ripple 于 2025 年以约 12.5 亿美元收购 Hidden Road 后推出的。该平台目前服务于寻求单一系统进行融资、清算、交易支持以及获取多个资产类别访问权限的机构。它支持那些跨市场运营而不为每个资产类别使用独立经纪关系的机构。

Brevan Howard 通过 Ripple Prime 扩大访问权限

Under the expanded agreement, Ripple Prime will support funds managed by Brevan Howard, who manages approximately $35 billion in assets. The deal follows the recent expansion of round-the-clock U.S. dollar settlement for institutional clients in Asian and Middle Eastern markets.

This arrangement comes as institutional companies seek faster settlement speeds and broader access to digital assets. Brevan Howard serves sovereign wealth funds, pension plans, foundations, endowments and other clients through its global investment business.

Existing investment ties support new agreement

Prior to this latest expansion, Brevan Howard had established a financial connection with Ripple. Funds associated with the hedge fund participated in Ripple's $500 million strategic financing round in 2025, when Ripple was valued at $40 billion.

Ripple will also expand its institutional products in 2026. The company added Hyperliquid as Ripple Prime's first direct DeFi venue integration, while Ripple's recent XRP Asia payments initiative aims to drive more activity on XRP Ledger.

Ripple Prime builds a multi-asset service system

KBRA previously awarded Ripple Prime a BBB rating. As the business continues to scale, the rating agency pointed out plans to expand the platform to areas such as equity prime brokers and swaps so that Ripple can grow its institutional business.

Ripple Prime also received a $200 million debt line from Neuberger Berman for institutional margin borrowing. Ripple subsequently raised $275 million in August through a senior note offering to support prime brokers, financing and multi-asset clearing. This setup allows fund managers to meet multiple trading and financing needs through one channel.

Institutional expansion continues

Alan McGroarty, chief operating officer of Brevan Howard, said that the strengthening of connections between digital and traditional markets has increased the need for institutional-level infrastructure. The expansion also comes as Evernorth's Nasdaq listing process is moving around the broader XRP market.

The expanded agreement provides Brevan Howard with another way to manage transactions, financing and clearing through a single provider. This also extends Ripple Prime's role as it builds services for institutions operating in traditional financial and digital asset markets.

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