[Ripple Prime Enters Leveraged ETF Financing Market] According to Deep Tide TechFlow on October 8, as reported by CoinDesk, Ripple's Prime brokerage division, Ripple Prime, has begun offering financing services for leveraged stock ETFs. It charges financing fees to funds through Total Return Swaps. This market was previously dominated by major banks and securities firms. Ripple entered the clearing, financing, and cross-asset trading business in October 2025 by acquiring multi-asset brokerage firm Hidden Road for $1.25 billion. In August 2026, Ripple launched its Delta One business, providing Total Return Swap products linked to U.S. equities, market indices, and digital assets. It reported regulatory net capital exceeding $1 billion and completed a $275 million senior bond issuance.