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 […]
Tag: SBI
By Marco Piccolo Key highlights: Ripple and SBI Holdings plan to launch the RLUSD stablecoin in Japan by Q1 2026, with SBI VC Trade acting as the distributor. RLUSD, backed 1:1 by U.S. dollar reserves, is designed to meet regulatory standards and institutional compliance. The move reflects Japan’s evolving stablecoin regulations and SBI’s expanding role […]
By Emir Abyazov Japan’s Financial Service Authority (FSA) intends to amend legislation to extend insider trading rules to cryptocurrencies as early as 2026. This news appeared in the Japanese edition of Nikkei on March 30. According to the Nikkei, the FSA plans to submit a bill to the Diet to revise the Financial Instruments and […]