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Ripple takes aim at Wall Street with leveraged ETF financing

Published Source: CryptoPolitanRead original

Crypto Insight Summary: Ripple’s reach now extends across much of the crypto industry, and the company is beginning to make inroads into Wall Street. Global investment manager Brevan Howard just scaled up its partnership with the crypto firm. Ripple will now provide multi-asset prime brokerage, clearing, and financing services across its funds, through its unified platform Ripple Prime.... Crypto Insight Analysis: Direction: Bullish XRP Impact: Minor Impact Horizon: Mid-term (1-8 weeks) Reasoning: Ripple's expansion into traditional finance strengthens its institutional adoption case.

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Ripple takes aim at Wall Street with leveraged ETF financing — Crypto Insight