Coinstreet logo

XRP Surges After Ripple CEO Brad Garlinghouse Says SEC is Dropping its Lawsuit Against the Company

Source: CNBC XRP surged after Ripple CEO Brad Garlinghouse said the U.S. Securities and Exchange Commission is no longer pursuing its appeal in the case against the payments company. The price of XRP was last higher by 10% at $2.49. “It’s been almost four years and about three months since the SEC originally sued us,… Continue reading XRP Surges After Ripple CEO Brad Garlinghouse Says SEC is Dropping its Lawsuit Against the Company

Trump-linked Strive Files for ‘Bitcoin Bond’ ETF

Source: Cointelegraph The fund aims to offer exposure to MicroStrategy’s convertible bonds, among others. Strive, an asset manager founded by Vivek Ramaswamy, asked United States regulators for permission to list an exchange-traded fund (ETF) investing in convertible bonds issued by MicroStrategy and other corporate Bitcoin buyers, according to a Dec. 26 filing. The ETF seeks… Continue reading Trump-linked Strive Files for ‘Bitcoin Bond’ ETF

Ripple launches first tokenized money market fund on XRP ledger through UK partnership

Source: Cryptoslate Ripple invests $5 million into Abrdn fund as XRPL becomes a rising platform for RWA tokenization. Ripple has launched the first tokenized money market fund on the XRP Ledger (XRPL) through a partnership with UK-based firms Archax and Abrdn, according to a Nov. 25 statement. This initiative involves Abrdn managing the fund as… Continue reading Ripple launches first tokenized money market fund on XRP ledger through UK partnership