By Chayanika Deka XRP has shed more than 10% over the past week as its struggle near $1 continues. This downward pressure has pushed the crypto asset’s yearly losses to almost 70%. Despite the negative sentiment, institutional participation appears to be intact, as several firms continue to use exchange-traded products to gain exposure to XRP. […]
Tag: SPAC
Key highlights: Benchmark maintains its Buy rating on Securitize and places the stock price target at $16 Analyst Mark Palmer believes that the current slowdown is due to the SPAC merger Securitize partnered with Cantor Fitzgerald to help smooth IPO processes Tokenization firm Securitize has been struggling since going public on the NYSE. Despite this […]
Key highlights: The Securitize stock price has dropped by about 35% since its public listing The SECZ stock price drop comes despite the massive growth of the tokenization market Securitize has experienced a disappointing start on the public market. that there is no major reason behind this Securitize stock decline. He added that these crashes […]