The launch of the new 21Shares XRP ETF marks a clear step in how traditional investors access the fourth-largest cryptocurrency by market value, with the fund now trading on the Cboe BZX Exchange under the ticker TOXR and charging a…
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Crypto Market changes after XRP ETFs and altcoin gains?
The Crypto Market entered Monday’s session in a cautious mood, even as major coins showed a mild rebound after last week’s sharp drop. By 9:00 p.m. UTC on November 24, Bitcoin had recovered part of its recent loss, Ether outpaced…
XRP ETF may become 1st US spot listing later this week
The U.S. Securities and Exchange Commission’s acknowledgment of the Canary XRP ETF registration marks a decisive advance toward the first spot-listed XRP ETF in the United States. The move follows months of review and an initial Form S-1 submission on…
Ripple $500 million from Citadel and Fortress at $40bn value?
Ripple completed a new $500 million funding round that values the company at $40 billion. The investors include Citadel Securities, Fortress Investment Group, Brevan Howard, Marshall Wace, Pantera Capital, and Galaxy Digital. This round reflects how traditional finance firms are…
Ripple buys Hidden Road for $1.25 Billion reports 3x growth
Ripple completed the acquisition of Hidden Road and folded the non-bank prime broker into a new unit called Ripple Prime. The company now runs a multi-asset prime broker that handles clearing, financing, and brokerage across digital assets, derivatives, swaps, foreign…
Will Ripple’s $1 billion XRP treasury reshape the token?
Ripple is advancing an XRP treasury plan sized at about $1 billion through a SPAC-like structure that would buy XRP over time, creating a steady source of demand alongside Ripple’s own sizable holdings and monthly escrow mechanics. Reports indicate Ripple…
Ripple CTO to step back as David Schwartz joins board?
Ripple CTO David Schwartz said he will step back from daily work at Ripple at the end of this year after more than 13 years with the company. He joined in 2011 as a cryptographer and became chief technology officer…
Western Union buys ripple partner intermex for $500 million
Western Union is acquiring Intermex for $500 million in cash at $16.00 per share, roughly a 50% premium, with closing targeted by mid-2026 pending approvals. The deal brings Intermex’s live use of Ripple’s On-Demand Liquidity (adopted in early 2020) under…
Ripple and BitGo Among 4 Firms Applying for US Bank Charters
Payments and stablecoin firm Ripple Labs Inc. and crypto custodian BitGo Inc. have recently submitted applications for national bank charters, signaling a significant shift in the financial services landscape. The filings mark a concerted push by nascent fintech firms to…
What does Garlinghouse say about Ripple’s legal battle outcome
Ripple has reached an important milestone in its legal dispute with the SEC. CEO Brad Garlinghouse confirmed that the case has concluded, bringing more clarity to the company’s future. This marks the end of a legal process that has shaped…