Ripple Expands to Wall Street with New Move as Focus Turns to XRP
Key Highlights: Ripple Prime is generating revenue by financing leveraged exchange-traded funds (ETFs), charging fees on financial contracts provided to fund managers. A Wall Street Journal report highlighted that Ripple backed the Tradr 2X Long SNDK Daily ETF, which paid the company an annual rate of roughly 8%. Beyond ETF financing, Ripple has deepened its ...