Ripple Prime Enters Leveraged ETF Financing Market
The business opens a new fee stream beyond crypto, while daily-reset products and sharp stock moves create risks for their financing providers.
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The business opens a new fee stream beyond crypto, while daily-reset products and sharp stock moves create risks for their financing providers.
The deal deepens Ripple's institutional push, linking brokerage, clearing and financing with a hedge fund that manages about $35B.
The BBB case assumes Ripple Labs will backstop the brokerage when regulated cash can't move up from the operating layer. That ties a $275M raise to a parent balance sheet carrying 37B+ XRP exposure.
Grayscale's sit-down with Ripple SVP Jack McDonald frames a decade-long arc from a single-purpose payments company to a full-stack institutional finance platform.
The facility triples prime-brokerage margin capacity at a moment when State Street and Standard Chartered are also building digital-asset prime books — institutional crypto is no longer a one-vendor…
A traditional asset manager underwriting a credit facility for a crypto prime broker is the legitimizing beat — the deal lets Ripple Prime run unified margin books across equities, fixed income, and…
Neuberger Berman's $567B AUM backing a crypto-native margin desk marks another TradFi heavyweight treating digital assets as a permanent book, not a pilot.
The structural bet is bigger than the headline: cross-margining spot and derivatives cuts capital needs 10–20%, and Coinbase is staking the claim before Wall Street builds — or rents — its way in.