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MAVRICK13
MAVRICK13
Wall Street has a new lender. Its name is Ripple. Through Ripple Prime, the crypto company is financing leveraged stock ETFs. One reported deal charges an overnight funding benchmark plus 4 percentage points. Ripple entered prime brokerage through its $1.25B Hidden Road acquisition. Important: these are company-level fees, not proven $XRP token revenue. Crypto is entering Wall Street’s financing business. #XRP #Ripple #WallStreet #DailyOrbit

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