Evernorth appointed four new directors with expertise in legal, financial, investment, and operational fields to strengthen its board as it advances its planned Nasdaq listing. The new board members include Ripple's Chief Legal Officer Stuart Alderoty, OpenAI Foundation CFO Robert Kaiden, investment expert Ted Janus, and former Genesis Global Trading COO Derar Islim. The company also filed an S-4 registration with the SEC and raised over $1 billion from strategic investors like Ripple and SBI Holdings. These moves aim to enhance governance, transparency, and operational oversight as Evernorth prepares for its U.S. public listing, which remains subject to regulatory approval.
Ripple has invested in Flutterwave during its Series E funding round, raising Flutterwave's valuation to $3.2 billion. The partnership aims to integrate Ripple's blockchain and digital liquidity technology with Flutterwave's payment infrastructure to...
On June 15, Ethereum, Solana, and XRP spot ETFs attracted net inflows, signaling growing investor confidence in these cryptocurrencies. In contrast, Bitcoin spot ETFs experienced $64.09 million in net outflows, reflecting a shift in preference among ...
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, ...
