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 enhance cross-border transactions in Africa. This collaboration focuses on advancing stablecoin use, speeding up settlements, and reducing costs, supporting Nigeria's digital asset innovation and expanding economic opportunities across the continent. Flutterwave plans to use Ripple's RLUSD stablecoin and XRP Ledger to streamline payments and connect African commerce to the global economy.
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, ...
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...
