Evernorth Holdings, a new company focused on institutional adoption of XRP, announced four new board directors and two executive appointments ahead of its public listing via merger with Armada Acquisition Corp II. The new leadership brings expertise in public company finance, regulation, and digital assets to support Evernorth's strategy as a publicly traded digital asset treasury. The company aims to grow XRP exposure through institutional and DeFi yield strategies, differentiating itself from ETFs. The business combination is pending regulatory approval and shareholder vote.
Coinbase shares have fallen 29.34% year to date amid a downturn in the crypto market, with Q1 2026 revenue dropping 30.54% year over year and a net loss of $394 million. Despite this, Coinbase is expanding its offerings, including prediction markets ...
Bitmine now owns 4.66% of the total Ethereum supply and is close to reaching its goal of 5% ownership in 2026. The company raised approximately $273.8 million through a sale of 3.5 million shares of 9.5% Series A Perpetual Preferred Stock, which will...
In 2026, spot Bitcoin ETFs have struggled as Bitcoin's price fell over 29%, passing losses directly to investors. In contrast, the Amplify Transformational Data Sharing ETF (BLOK), which invests in blockchain and crypto-related companies rather than ...
Coinbase has introduced AI agents that can trade cryptocurrencies and pay for premium research on behalf of users. These agents can be linked to a user's main account or operate in a separate sandbox, using advanced tools like Coinbase Advanced for p...
