Ripple CEO Brad Garlinghouse announced that the company is not in a hurry to pursue an IPO, citing poor post-IPO performances of other crypto firms like Gemini and Kraken. Ripple is focusing on regulatory compliance, infrastructure development, and increasing institutional adoption of XRP instead. Although internal discussions about an IPO continue, Ripple prefers to wait for better market conditions and clearer regulations before going public. This cautious approach reflects a broader trend in the crypto industry to build long-term credibility rather than rushing into public markets prematurely.
On June 15, U.S.-listed spot altcoin ETFs saw focused inflows primarily into Hyperliquid, XRP, and Solana products, indicating concentrated investor interest rather than broad market participation. Hyperliquid ETFs led with $17.19 million in net infl...
Ripple has reportedly purchased a stake in African fintech Flutterwave, valuing the company at $3.3 billion, a modest increase from its previous $3 billion valuation. This strategic investment aligns with Ripple's focus on cross-border payments, leve...
Over the past six months, XRP holders with at least 1 million tokens have accumulated about 1.53 billion XRP, increasing their share of the circulating supply to 74.1%. This accumulation occurred even as XRP's price fell from above $3 to near $1.20, ...
The Bank of Japan raised interest rates to 1%, the highest level since 1995, marking a significant shift from its ultra-easy monetary policy. This move could strengthen the Japanese Yen and increase borrowing costs, potentially causing a 20-30% decli...
The XRP Ledger has officially removed the Ripple brand from its core code, renaming the main program from "ripple daemon" to "xrpl daemon" to emphasize its independence from the Ripple company. This change aims to clarify the network's decentralized ...
