FINNENCE ▪ THE WIRE FILE
THE WIRE · № 70529
News■ Mixed
Ripple is earning fees financing leveraged stock bets, a business long run by banks
KINDNews
DIRECTION■ Mixed
SOURCES1
ENTITIES5
STORY SIZESTANDALONE
FIRST SEEN2026-10-08 06:17 UTC
LAST UPDATE2026-10-08 06:17 UTC
STATEactive
01 THE MACHINE READ
WHY IT MATTERS.
A crypto firm entering bank-run leveraged stock financing expands crypto-linked credit into equities, blurring the boundary between digital-asset and traditional margin lending.
Crypto capital is moving into traditional leveraged equity financing
CATALYST TO WATCH
Regulatory scrutiny or growth of Hidden Road's book
MAIN RISK
Leverage losses could hit crypto and equities together
FULL DISPATCH
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.
02 THE STORY SO FAR
THE RECORD, IN ORDER.
STANDALONE ITEM — NOT YET FOLDED INTO A DEVELOPING STORY.
03 WHO'S INVOLVED
ENTITIES ON FILE.
04 RECEIPTS
THE SOURCE RECORD.
1 SOURCES CONFIRMED05 PROPAGATION
WHAT THIS TOUCHES.
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KEEP READING THE MACHINE
Summaries are generated and may contain errors — every claim links its sources.