Evernorth Holdings, an XRP treasury firm backed by Ripple, has accumulated approximately 389 million XRP, valued at around $1 billion at current prices, making it one of the largest holders of the token. As of October 27, the company had invested approximately $947 million in XRP, realizing an unrealized paper profit of over $50 million. https://t.co/RLxVP2mqek ...

Australian Securities and Investments Commission published a revised version of Info Sheet 225, expanding how existing financial-services laws apply to crypto businesses as the government prepares sweeping new legislation. The regulator reiterated that many digital assets, including yield-bearing tokens, staking programs, and asset-referenced stablecoins, will likely require an Australian Financial Services license under current law. https://t.co/cSlda7DMoG ...

Stablecoin Adoption & Growth - Visa plans to add support for four stablecoins [1] - Visa's stablecoin-linked card spending increased 400% year-over-year (fourfold) [1] Crypto Transaction Volume - Since 2020, Visa has processed over $140 billion in crypto and stablecoin transactions [1] - Over $100 billion of the crypto transactions came from users purchasing digital assets using Visa cards [1]

Bitcoin treasury company Sequans recently transferred 970 BTC (approximately $111 million) to Coinbase, marking its first major outbound transaction since initiating its Bitcoin treasury strategy. On-chain data shows Sequans still holds around 2,264 BTC, valued at approximately $255 million at current prices. https://t.co/kyUM1olkuy ...

Bloomberg ETF analyst Eric Balchunas noted that Bitwise’s Solana Staking ETF (BSOL) recorded $56 million in trading volume on its first day, the highest among all newly launched ETFs this year. The fund was seeded with $220 million; if fully deployed on Day One, trading volume could have reached approximately $280 million, surpassing ETHA’s debut. In comparison, HBR and LTCC posted $8 million and $1 million in first-day trading volume, respectively. https://t.co/nBOcq9jD3L ...

Hyperliquid and BNB Chain have captured the majority of Layer 1 network fees amid a surge in derivatives trading, accounting for over 40% and 20% of total fees, respectively. Solana’s share has dropped from over 50% earlier this year to just 9%. Derivatives trading generates significantly higher fees per transaction than memecoin activity, while BNB Chain has also benefited from user inflows through Binance Alpha and Binance Wallet. https://t.co/9x87nYQ47R ...

According to WSJ, Western Union plans to launch USDPT, a dollar-backed stablecoin on Solana, in the first half of 2026. Issued by Anchorage Digital Bank, it will be initially available through partner exchanges. The company also plans to enable crypto-to-cash conversions for non-customers via a wallet network and its 400,000+ retail locations. https://t.co/4fgHZTryBG ...

SharpLink has announced a partnership with Consensys to deploy up to $200 million worth of ETH from its treasury to Linea, Consensys’ zkEVM Layer 2 network, over the coming years. The assets will be held in custody by Anchorage Digital Bank. Yield sources include Ethereum staking rewards, restaking incentives via EigenCloud’s verifiable services, and ecosystem incentives from Linea and https://t.co/sR2LW6XwdM. https://t.co/UWYTikckCu ...

Company Overview - Securitize plans to go public via SPAC merger with Cantor Fitzgerald's CEPT [1] - Securitize expects to raise up to $469 million in gross proceeds [1] - Securitize is the only full-stack tokenization platform fully registered with the SEC [1] Funding & Investment - The deal includes a $225 million PIPE from new and existing institutional investors [1] - $244 million is from CEPT's trust account, assuming no redemptions [1] Market Position - Securitize reports over $4.5 billion in tokenized assets [1] - Securitize has a 20.8% market share [1]

OKX announced that Felix Fan, head of its public blockchain X Layer, has been removed from his position due to a conflict of interest with the company. The OKX president has posted a message hinting that Binance's poaching may be involved. The quarrel between the two sides has been heating up recently.https://t.co/U7hznicNX8https://t.co/wBjexoJrww ...