SBI Holdings has restructured its subsidiary into SBI Digital Practice to focus on building financial infrastructure on the Canton Network, which connects over 600 institutions and supports $6 trillion in assets. This move broadens SBI's blockchain strategy beyond Ripple and XRP Ledger, adding a direct link to U.S. Treasury tokenization via the Depository Trust & Clearing Corporation. The new subsidiary aims to help banks and institutions adopt blockchain technology across borders while complying with regulations. This expansion complements SBI's existing multichain approach, including Solana and Ondo Finance partnerships, enhancing its presence in institutional digital assets.
XRP ETFs recorded a net inflow of $592,470 on July 27, bringing total inflows to about $1.50 billion, but recent demand has slowed significantly. The price of XRP has declined to around $1.06, approaching the critical $1.00–$1.02 support zone, with t...
Clear Creek Financial Management disclosed $15.1 million in crypto exchange-traded funds (ETFs) across Bitcoin, Ethereum, XRP, and Solana in its latest US regulatory filing. Bitcoin ETFs led with about $10.4 million, primarily in Bitwise’s BITB fund,...
Cryptocurrency markets saw a general decline with Bitcoin falling 1.72% to $63,743 and Ethereum down 1.24% to $1,916. Several altcoins experienced sharper drops, including SHIB down nearly 7% and NEAR down over 7%. Stablecoins remained steady around ...
Flare Networks CEO Hugo Philion announced plans to extend the FAssets system, currently supporting XRP, to Bitcoin through a wrapped FBTC token. This move aims to attract institutional investors by using confidential computing technology to keep larg...
Flare has launched Smart Accounts v1.3, enabling XRP holders to mint FXRP and deposit into yield-generating vaults using a single XRPL wallet signature. This update simplifies DeFi access by removing the need for multiple wallets, bridging assets, or...
