Ripple Prime, Ripple's institutional brokerage arm, has started financing leveraged ETFs through stock swap arrangements, a service traditionally provided by major Wall Street banks. The firm finances funds like the Tradr 2X Long SNDK Daily ETF, charging a rate based on overnight bank funding costs plus four percentage points. This move expands Ripple's brokerage services beyond digital assets into equity derivatives and financing, supported by recent capital raises totaling $475 million. The development positions Ripple Prime as a growing player in institutional finance, although XRP's price showed little reaction to this expansion.
Ripple's new leveraged ETF financing push is the subject, with Pluang market data as of Oct 08, 2026 13:41 WIB. For readers following cryptocurrency trends, here is Pluang's market snapshot: out of 50 major cryptocurrencies, 10 rose and 39 fell today. XRP was priced at Rp25.033 with a 1-day change of -4.99%, a typical hold time of 71 days, and Pluang order activity showing 16% Sell and 84% Buy.
Dimensional Fund Advisors Ltd. has publicly disclosed holding a 1.28% ownership stake in Prologis Inc, amounting to 12,123,997 shares as of October 7, 2026. This disclosure is made under Rule 8.3 of the Takeover Code, indicating significant interest ...
QAIX, a Quantum Computing & AI Alliance based in Manhattan, has opened its global membership program offering companies and tech leaders access to a global network, office spaces in major cities including New York, and resources from NVIDIA and IBM. ...
FLSmidth secured a DKK 360 million contract to supply advanced crushing and grinding equipment for a copper mine expansion in Northern Chile. The order includes the world's largest gyratory crusher, a large SAG mill, and three ball mills, with instal...
On October 8, 2026, Michelin repurchased 202,417 of its own ordinary shares at a weighted average price of €32.33 per share through over-the-counter transactions. The shares bought back are intended for cancellation, which can reduce the total number...
On October 8, 2026, Michelin executed a share buyback, purchasing 202,417 ordinary shares at a weighted average price of €32.33 per share. The shares were acquired through over-the-counter transactions involving several financial institutions and are...
