Ripple has contributed $10 million to extend Velocity's funding round to $48 million, valuing the fintech at around $200 million. Velocity develops technology that connects traditional finance with stablecoin payment systems to enable faster, more efficient settlements, including outside banking hours. This investment supports Ripple's broader strategy to expand its stablecoin and payment infrastructure presence, following its launch of RLUSD and acquisition of Rail. The move highlights growing institutional interest in integrating blockchain-based settlement solutions with mainstream financial networks.
While Ripple has invested $10 million in Velocity's $48 million funding round to boost blockchain payment infrastructure, XRP on Pluang trades at Rp23.306, down 10.62% in one day as of Sep 16, 2026 02:11 WIB. This contrasts with Ripple's broader strategic moves, as XRP's market cap stands at Rp1.556 trillion with a high 24-hour volume of Rp89.64 trillion, showing active trading despite the price drop. The circulating supply is 63% of the total XRP, and most Pluang users are selling (71%) rather than buying (29%), holding their XRP for an average of 71 days.
Grayscale launched four crypto model portfolios for financial advisors, each with a distinct focus. The Digital Assets Next Gen portfolio notably excludes Bitcoin but allocates 26.11% to Ripple's XRP, alongside Ethereum and Solana, making up about 90...
Ripple CEO Brad Garlinghouse stated that cryptocurrency will ultimately succeed whether or not the Clarity Act passes in the U.S. Senate. Speaking at a digital asset event, he emphasized that superior technology tends to win and that the existing fin...
XRP experienced a $2 million short squeeze triggered by an 851% liquidation imbalance in its derivatives market, forcing bears to close positions rapidly. This occurred ahead of significant US events including the Senate vote on the CLARITY Act and a...
The implied volatility for short-dated XRP options surged by up to 18 points at the 3-day tenor, indicating traders expect significant price movement soon. This shift reflects institutional market makers adjusting their positions and hedging risks am...
XRP's liquidity index on Binance has surged to its highest level in six months, reaching a 30-day turnover of about $4.6 billion as of mid-September 2026. This rebound follows a dip in July and August when liquidity turnover dropped to $2-3 billion. ...
