Ripple is enhancing the XRP Ledger (XRPL) for institutional finance by investing in ZILO and Licuido, adding regulated transfer agency, digital asset issuance, and collateral mobility. These moves support Ripple's goal to build a comprehensive capital markets platform beyond token issuance, enabling real-time trading, settlement, and collateral use of tokenized assets. This follows institutional adoption milestones like Aviva Investors' tokenized fund on XRPL and highlights Ripple's growing $50 billion valuation. Ripple's strategy aims to modernize legacy capital markets infrastructure by integrating token issuance, custody, collateral management, and instant settlement through its RLUSD stablecoin and partnerships with major financial institutions.
Ripple reversed its usual process by locking 700 million XRP in escrow before the scheduled monthly release of 1 billion XRP on August 1, resulting in a net increase of 300 million XRP tokens in circulation. This move maintained the pattern of return...
In late July, Bitcoin ETFs experienced significant outflows totaling $326.7 million, coinciding with Bitcoin's price drop from around $64,000 to $62,556.58. Meanwhile, Ethereum and other altcoin ETFs showed stronger inflows despite similar price decl...
Flare announced that FXRP is now an approved collateral asset in Sentora’s RLUSD Main vault on Ethereum, allowing XRP holders to borrow RLUSD against FXRP without selling their XRP. This is the first institutional approval of an XRP representation as...
Analyst Levi Rietveld highlights Bitcoin's historical market cycles, suggesting a possible short window to buy Bitcoin below $60,000 based on recurring bull and bear phases around halving events. He notes Bitcoin's bull markets have lasted up to 35 m...
Bitcoin and major cryptocurrencies declined as AI and semiconductor stocks cooled, highlighting their linked risk exposure. Bitcoin dropped below $63,000 after a 3% fall, with Ethereum, Solana, and XRP also retreating. The dip followed a failed recov...
