Wall Street’s $500M Ripple Deal Had Baked in Profit Guarantees on XRP Risk – Bloomberg

Ripple’s $500 million share sale has become the latest test case for how Wall Street enters crypto without taking full market risk.  A new Bloomberg report shows that the Ripple $500 million share sale at a $40 billion valuation gave funds tied to Citadel Securities, Fortress, Brevan Howard, Marshall Wace, Galaxy Digital, and Pantera guaranteed […] Read The Full Article Wall Street’s $500M Ripple Deal Had Baked in Profit Guarantees on XRP Risk – Bloomberg On Coin Edition.