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Cryptocurrency

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

October 8, 2026 CoinDesk 1 min read
CoinDesk
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.

Source: CoinDesk

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