By Marco Piccolo Key highlights: Ripple secures $500 million in funding, bringing its valuation to $40 billion Investment round led by major Wall Street firms including Citadel Securities and Fortress Investment Group Funds to bolster Ripple’s institutional services, including stablecoins, prime brokerage, and corporate treasury A report from Unchained suggests the deal could have involved […]
Tag: RLUSD
By mrblockchain Key Points: Bitcoin fell below $108,000 to $106,500, while Ethereum tumbled 8% to $3,600. A $128 million exploit targeting Balancer’s V2 vaults across six blockchains severely rattled DeFi sentiment. The U.S. Federal Reserve offered ambiguous guidance on future rate cuts, reinforcing dollar strength and pressuring risk assets. Whale selling intensified, with one early […]
By Marco Piccolo Key highlights: Evernorth Holdings announces merger with Armada Acquisition Corp II to form XRPN, a publicly traded XRP treasury company The deal aims to raise over $1 billion, with $200 million committed by SBI and support from Ripple, Pantera, Kraken, and others XRPN will actively manage XRP holdings via lending, DeFi, and […]