D Prime

Ripple has expanded its partnership with Brevan Howard by extending its Ripple Prime platform to offer multi-asset prime brokerage services, enhancing operational efficiency for Brevan Howard's investment teams. This development signifies a shift from Brevan Howard being a capital partner to becoming an operational client, bolstering Ripple's market position in the digital asset space. The deal is framed as a competitive advantage due to Ripple's extensive regulatory licenses globally, which are crucial for institutional investors. The collaboration aims to streamline operations and improve capital efficiency amidst a growing regulatory framework for digital assets.

FNG reports that D Prime, a retail FX and CFDs broker, has laid off its entire marketing team in Cyprus and made other structural changes. This decision was made prior to a police raid on a call center servicing D Prime clients in Malaysia, which was part of a broader operation targeting financial scams. D Prime operates as an offshore brokerage targeting mainly Chinese and APAC traders, while also having licensed businesses in Cyprus and the UK.

Doo Prime has rebranded as D Prime, unveiling a new logo and website aimed at reflecting its current operations and future ambitions. The rebranding includes a new color scheme featuring Highlighter Yellow and enhancements such as 3D animations, live pricing, and interactive tools. The company operates multiple regulated entities and has a partnership with Manchester United, which includes hosting events in Asia.