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. Ripple Prime is financing leveraged stock exchange-traded funds, expanding into a market traditionally dominated by major banks and securities firms. Ripple entered the business through its $1.25 billion acquisition of Hidden Road and now provides total return swaps that can give funds amplified exposure to stocks and…
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