Ripple is earning fees financing leveraged stock bets, a business long run by banks
The crypto company's $1.25 billion acquisition of Hidden Road has opened a corner of Wall Street where funds pay to amplify daily moves in stocks such as Nvidia and Sandisk.
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What happened
The crypto company’s $1.25 billion acquisition of Hidden Road has opened a corner of Wall Street where funds pay to amplify daily moves in stocks such as Nvidia and Sandisk.
Reported details
- Ripple has entered the leveraged exchange traded fund financing business through Ripple Prime, providing funding to investment products that seek to deliver multiples of the daily performance of individual stocks and market indexes. According to an Oct. 7 report by…
Why this matters
Ripple is a capital event. For tokenized-asset readers the useful question is what the money funds and who ends up holding the tokenized claim afterwards — a round that changes the balance sheet without changing custody or issuance terms leaves token holders in the same position.
Evidence boundary
The scope is limited to what the linked reports state, and where two of them diverge both positions are recorded without either being picked in advance.
What to verify
Confirm the terms of Ripple in a dated filing rather than a summary: the amount, the investors, and whether the post-money structure changes who can redeem.
Sources and editorial check time
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CoinDesk RSS: https://www.coindesk.com/markets/2026/10/08/ripple-is-earning-fees-financing-leveraged-stock-bets-a-business-long-run-by-banks
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crypto.news Live: https://crypto.news/ripple-challenges-wall-street-banks-with-leveraged-etf-financing-push/
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Editorial source check time: 2026-10-08T22:00:17.230Z
This information is educational and is not financial, legal, or tax advice.