Ripple is earning fees financing leveraged stock bets, a business long run by banks

Ripple has acquired Hidden Road, allowing it to enter the business of financing leveraged stock bets for funds. This move opens up a Wall Street niche typically run by banks, focusing on stocks like Nvidia and Sandisk.

Sources

• CoinDesk — Ripple is earning fees financing leveraged stock bets, a business long run by banks

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