$XRP AND IT’S CALLED RIPPLE
Ripple isn’t knocking on Wall Street’s door anymore.
It’s walking straight through it. 🔥
Ripple Prime is now moving deeper into the lucrative market for financing leveraged ETFs — a business traditionally dominated by major banks and securities firms.
And the numbers are NOT small.
🇺🇸 More than 590 leveraged ETFs currently trade in the U.S., representing over $256 BILLION in assets.
Ripple entered this arena through its $1.25 billion acquisition of Hidden Road, which was rebranded as Ripple Prime. The platform now provides institutional brokerage, clearing and financing services across areas including derivatives, FX, fixed income and digital assets.
Ripple Prime has also expanded its relationship with Brevan Howard, a major alternative asset manager with roughly $35 billion in assets under management.
And here’s what makes this interesting for the crypto industry:
Ripple is no longer positioning itself simply as a blockchain company competing for crypto users.
It is building infrastructure inside traditional finance.
Meanwhile, Warren Buffett has been warning investors about a market increasingly driven by speculation and gambling-like behavior.
Wall Street built the machine.
Crypto just learned how to enter it.
The BIG question:
Could Ripple eventually become one of the major non-bank financial players on Wall Street?
And what does Ripple’s growing institutional footprint mean for XRP?
👇 Bullish or overhyped?
#Ripple #XRP #Crypto #WallStreet #usa
Ripple isn’t knocking on Wall Street’s door anymore.
It’s walking straight through it. 🔥
Ripple Prime is now moving deeper into the lucrative market for financing leveraged ETFs — a business traditionally dominated by major banks and securities firms.
And the numbers are NOT small.
🇺🇸 More than 590 leveraged ETFs currently trade in the U.S., representing over $256 BILLION in assets.
Ripple entered this arena through its $1.25 billion acquisition of Hidden Road, which was rebranded as Ripple Prime. The platform now provides institutional brokerage, clearing and financing services across areas including derivatives, FX, fixed income and digital assets.
Ripple Prime has also expanded its relationship with Brevan Howard, a major alternative asset manager with roughly $35 billion in assets under management.
And here’s what makes this interesting for the crypto industry:
Ripple is no longer positioning itself simply as a blockchain company competing for crypto users.
It is building infrastructure inside traditional finance.
Meanwhile, Warren Buffett has been warning investors about a market increasingly driven by speculation and gambling-like behavior.
Wall Street built the machine.
Crypto just learned how to enter it.
The BIG question:
Could Ripple eventually become one of the major non-bank financial players on Wall Street?
And what does Ripple’s growing institutional footprint mean for XRP?
👇 Bullish or overhyped?
#Ripple #XRP #Crypto #WallStreet #usa