BlockchainCrypto
Ripple is earning fees financing leveraged stock bets, a business long run by banks
Publication: CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data
Author: Shaurya Malwa
Source published: 08/10/2026, 06:17:13 UTC
Briefing created: 25/10/2026, 01:35:04 UTC
Based on a feed excerpt; full article content has not been acquired. Source evidence retrieved 08/10/2026, 06:25:24 UTC.
Briefings
A $1.25 billion acquisition of Hidden Road by Ripple has created a new Wall Street segment where funds pay to amplify daily stock moves. This business model allows banks to leverage stock bets using crypto assets, with Nvidia and Sandisk as examples of amplified targets.
Key points
- Ripple acquired Hidden Road for $1.25 billion to establish a new business segment on Wall Street.
- The acquired company enables banks to use crypto funds to amplify daily stock price movements.
Context
Ripple's 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.
Limitations
Evidence is limited to a single sentence describing the acquisition and its primary function. Specific operational details, transaction volumes, or long-term financial performance data are not provided.
Generated by Bittrees-hosted qwen35-2b sha256:aaf42c8b7c3c on 25/10/2026, 01:35:04 UTC. Based on publisher-provided feed evidence; may not cover the full original article. Check the source for details.
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