Ripple and SettleMint have teamed up to integrate Ripple Custody with SettleMint's Digital Asset Lifecycle Platform (DALP) to handle compliance, settlement, servicing, and recordkeeping after tokenized assets are issued. This partnership targets regulated institutions in Asia-Pacific, focusing on the ongoing operational processes of tokenized assets rather than just issuance. DALP manages workflow coordination while Ripple Custody retains control of private keys and signing authority, ensuring security and compliance. However, no live customer deployments or transaction volumes have been publicly disclosed, and the partnership does not currently involve XRP or specify any blockchain usage, meaning it should not be seen as evidence of XRP adoption yet.
The Bitwise spot XRP ETF has surpassed $507 million in assets under management, holding 364.8 million XRP tokens, even as XRP's price consolidates between $1.36 and $1.38 after an 8.2% drop from its August peak. This growth indicates significant inst...
XRP's spot exchange-traded funds (ETFs), led by Bitwise, have attracted over $110 million in weekly inflows, pushing assets under management above $507 million. This institutional demand supports XRP even as its price momentum slows after a strong 37...
Hyperliquid (HYPE) has been added to the regulated Nasdaq CME Crypto Index, joining major cryptocurrencies like Bitcoin and XRP following a quarterly rebalancing approved by the SEC. Hyperliquid debuted with a 3.36% weighting, close to Solana's 3.79%...
XRP's price remained stable around $1.38 even as U.S. Treasury yields surged to their highest in 19 months and expectations for a Federal Reserve rate hike in September increased to 68%. Despite strong institutional demand with record weekly inflows ...
Institutional investments in spot XRP ETFs have surged to $1.6 billion with nine consecutive days of inflows, even as XRP's price dipped nearly 6% this week to $1.37. This trend reflects growing institutional interest in altcoins following the approv...
