Advertisement     Brazil has marked a historical turning point after beating the United States to debut the first-ever exchange-traded fund (ETF) that tracks the spot price of Ripple-promoted token, XRP. Hashdex, a Brazilian crypto asset manager, has launched the XRP spot ETF on Brazil’s B3 stock exchange. Brazil Leads With First-Ever Spot XRP…
After years of speculation, Ripple has confirmed that it will not go public in 2025. The company behind XRP has opted for a different path. In an interview with CNBC, Ripple’s President, Monica Long, explained that an IPO is not part of the company’s plans. She noted that Ripple is financially strong, holding billions in…
Advertisement     Tyler Winklevoss, co-founder of the Gemini digital asset exchange, has slammed Oregon’s Attorney General over his lawsuit against crypto giant Coinbase. This lawsuit argues that Ripple’s XRP and other crypto tokens are unregistered securities under Oregon state laws. Oregon AG Accuses Coinbase Of Violating Securities Laws In an April 18 announcement,…
Advertisement     In a bold claim that has sparked debate in the crypto community, market pundit Versan Alajjarah asserts that XRP’s future price has already been predetermined by major financial institutions long before retail investors entered the market. Alajjarah’s argument comes even as XRP price continues to lag despite Ripple’s recent major wins…
Advertisement     Investment banking giant Standard Chartered has made a bold price prediction for XRP, suggesting the cryptocurrency could reach $12.50 before the end of President Trump’s term in office. This ambitious forecast comes amid growing optimism surrounding regulatory clarity and the token’s expanding use cases in global finance. According to a Tuesday…
Ripple Labs-owned Hidden Road has announced that its subsidiary, Hidden Road Partners CIV US LLC, has received approval from the Financial Industry Regulatory Authority (FINRA) to operate as a FINRA-member broker-dealer. This approval allows Hidden Road to enhance its recently launched fixed income prime brokerage platform, which currently offers Fixed Income Repo and Global Funding…
HashKey Capital has launched the HashKey XRP Tracker Fund. It is the first fund in Asia designed to track the price of XRP. Ripple, a blockchain-based payments company, will be an early investor in the fund. Last year, HashKey Capital obtained Type 4 and upgraded Type 9 licenses from the Securities and Futures Commission (SFC),…
Advertisement     Kaiko analysts said in a Monday report that Ripple-affiliated cryptocurrency XRP is ahead of other alternative cryptocurrencies like Solana (SOL) and Dogecoin (DOGE) when it comes to spot exchange-traded fund (ETF) approval by the U.S. Securities and Exchange Commission. Meanwhile, after the crypto market saw a relief rally due to US…
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Advertisement     As the global financial system evolves towards faster and more efficient payment solutions, XRP has emerged as a potential disruptor to SWIFT, the longstanding leader in cross-border transactions. Notably, the latest speculation on XRP’s potential to overtake SWIFT has reignited debate, driven by a bold claim from DigitalIG, a former London-based…