Ripple Becoming a Player in Financing Leveraged ETFs — WSJ
Crypto firm Ripple has emerged as a serious player in providing swap financing to leveraged exchange-traded funds, or those that let investors amplify their bets on a specific stock or index.Swap financing might not captivate the public quite like a multibillion-dollar deal or an initial public offering, but it is one of those lucrative businesses that reliably churn out fees for banks and securities firms.This item is part of a Wall Street Journal live coverage event. The full stream can be found by searching P/WSJL (WSJ Live Coverage).