Ai Tech
Ripple is earning fees financing leveraged stock bets, a business long run by banks
CoinDesk·October 8, 2026·1 min read
Ripple's $1.25 billion acquisition of Hidden Road now finances leveraged stock bets, a business traditionally run by banks. The crypto company earns fees from funds that amplify daily moves in stocks like Nvidia and Sandisk, opening a new Wall Street corner for Ripple's institutional services.
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