Report
Ripple Launches Prime Brokerage Service for TradFi Institutions
Coin Bureau says Ripple Prime helps ETF firms borrow stock and index exposure through swaps after Ripple's Hidden Road deal.
TLDR
Coin Bureau says Ripple's Hidden Road deal turned it into a prime broker, now branded Ripple Prime. The account says it can finance institutional trades and help ETF firms borrow stock and index exposure through swaps in Wall Street's $256 billion leveraged ETF market, opening a stock-financing revenue stream beyond crypto.
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