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.
Ripple has signed a strategic partnership with South Korea's Meritz Securities, marking its fourth institutional deal in the country and its first with a securities firm. The partnership aims to integrate Ripple Custody and tokenization infrastructur...
Despite XRP's nearly 35% price drop in 2026, AI language models Gemini and ChatGPT forecast a strong rally to $7.75 by December 31, 2030, implying a 467% gain. Gemini predicts an $8 target, citing growing institutional adoption but warns of competiti...
XRP's price dropped 6.91% over the past week to $1.36, struggling to break above the $1.40 resistance level amid continued selling pressure. Technical indicators like the Awesome Oscillator and Balance of Power suggest sellers dominate, while whale-r...
Ripple has formed its first partnership with a South Korean securities firm, Meritz Securities, to introduce Ripple Custody and tokenization tools into South Korea's capital markets. This collaboration aims to move Meritz's securities business on-cha...
Bitcoin's perpetual futures funding rate turned negative at -0.0009% every eight hours, signaling a shift in trader sentiment as open interest declined by 1.72% to $7.67 billion. Despite this, long positions still outnumber shorts at 56.1%. Other maj...
