Ripple is earning fees financing leveraged stock bets, a business long run by banks

Written and edited by the WorldPing NewsdeskPublished Updated Original reporting: CoinDesk
Ripple is earning fees financing leveraged stock bets, a business long run by banksWorldPing
Image via CoinDesk.

What happened

The crypto company's $1.25 billion acquisition of Hidden Road has opened a corner of Wall Street where funds pay to amplify daily moves in stocks such as Nvidia and Sandisk.

Key facts

  • The crypto company's $1.25 billion acquisition of Hidden Road has opened a corner of Wall Street where funds pay to amplify daily moves in stocks such as Nvidia and Sandisk.
  • Reported by CoinDesk and published Thu, 08 Oct 2026 06:17:13 UTC.

Why it matters

Digital-asset markets react to catalysts within minutes, and liquidity, ETF flows and regulatory signals are usually what decide whether a move sticks.

What to watch next

  • Whether spot volume and open interest confirm the move
  • Liquidation clusters around the current price
  • ETF flow data and any regulatory follow-up

Coverage timeline

When each newsroom published on this story, oldest first — all times UTC.

  1. Coinbase Plans Pro Return With Crypto Options and Stock Trading

  2. Ripple is earning fees financing leveraged stock bets, a business long run by banks

Sources

The original report was published by CoinDesk. WorldPing does not claim that reporting — this page summarises and contextualises it.

Read the full report at CoinDesk

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