Ripple announced an expansion of its institutional digital-asset services in Brazil, including cross-border payments, custody, stablecoins, and treasury management, serving clients like Banco Genial and Nomad. The company also plans to apply for a Virtual Asset Service Provider (VASP) license with Brazil's central bank, signaling intent but not yet securing regulatory approval. This move positions Ripple to deepen its presence in Latin America's largest economy, though the licensing outcome and full rollout details remain uncertain. Investors should watch for official filings or approvals from Brazilian regulators to assess the impact on Ripple's operations there.
Crypto analyst Gert Van Lagen predicts XRP could break out of a symmetrical triangle pattern, potentially reaching $50 and a $3 trillion market cap. This forecast implies a 3,200% gain from its current $1.5 price, suggesting a major rally after a con...
Meritz Securities has signed a strategic partnership with Ripple to explore the use of Ripple Custody and tokenization tools in South Korea's capital markets. The deal, announced on October 7, aims to study digital asset custody, spot crypto ETFs, to...
The Nasdaq listing of Evernorth, a firm holding 473 million XRP tokens, has been postponed from October 8 to October 12 due to a technical administrative delay. This delay does not affect the final closing of the merger deal with Armada Acquisition C...
U.S. spot Bitcoin ETFs recorded $119 million in net inflows on Tuesday, reversing a $90 million outflow from the previous day, even as Bitcoin's price fell from above $86,600 to below $84,000. In contrast, Ether ETFs experienced heavy selling with $2...
Meritz Securities has signed a partnership agreement with Ripple to explore the use of Ripple Custody and tokenization infrastructure within South Korea's capital markets. This collaboration aims to evaluate potential applications under the country's...
