7 hours ago

Ripple Enters Wall Street’s Leveraged ETF Game With Swap Financing

Ripple’s $1.25 Billion Hidden Road Acquisition Rebrands as “Ripple Prime”

The post Ripple Enters Wall Street’s Leveraged ETF Game With Swap Financing appeared first on Coinpedia Fintech News

Ripple, a crypto payment company, is moving deeper into Wall Street, with its Ripple Prime unit emerging as a serious player in providing swap financing to leveraged ETFs.  The expansion comes as demand for leveraged funds grows, giving Ripple a new source of fee income in a market that has long been dominated by major …

Source: Coinpedia →