Ripple has launched Ripple Prime to enter the U.S. leveraged ETF financing market, providing funding for ETFs linked to Nvidia, Sandisk, and major indexes. Ripple Prime uses total return swaps to offer leveraged exposure and charges financing fees, with an example ETF costing about 8% annually excluding management fees. This move follows Ripple's acquisition of Hidden Road, which expanded its capabilities across multiple asset classes. The U.S. leveraged ETF market currently manages over $256 billion in assets, highlighting significant growth potential for Ripple's new service.
Ripple's entry into leveraged ETF financing comes as a backdrop to Pluang's cryptocurrency market data. As of Oct 08, 2026 12:41 WIB, 13 of 50 major cryptocurrencies rose while 36 fell. Notable moves include BAL up 11.14% at Rp16.297 and SXP down 46.27% at Rp37.
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...
FORVIA HELLA has secured two significant series orders for its EnergyCore solutions, including its first 3-in-1 high-voltage battery management system and a 48-volt PowerPack. These integrated systems reduce vehicle cost, complexity, weight, and spac...
Bavarian Nordic A/S has upgraded its financial outlook for 2026 due to stronger-than-expected sales in its Travel Health segment, particularly driven by increased demand for rabies vaccines in the U.S. amid rising rabies exposure. The company now exp...
