XRP crypto has roared back into the spotlight this weekend, surging past Binance Coin (BNB) to reclaim its position as the third-largest cryptocurrency by market capitalization, a ranking it hasn’t held consistently in years. (Source – CoinGecko) The token climbed to $2.63 with a market cap of approximately $158Bn, edging above BNB’s $156Bn as capital flows shifted sharply in XRP’s favor. The move caps a +12.8% weekly rally, outpacing every other top-five digital asset and reigniting debate over whether ...

Ripple , ripple xrp, xrp price, ripple sec. Photo by BeInCrypto Ripple officially completed its Hidden Road acquisition, becoming the first crypto firm to own a global multi-asset prime broker. The $1.25 billion deal will embed Ripple’s technology and products into institutional operations, further strengthening its presence in traditional finance. Hidden Road Rebrands Under Ripple Prime Ripple announced today the completion of its acquisition of one of the world’s fastest-growing non-bank prime brokers. ...

Core Insights - Evernorth is raising over $1 billion to establish what could become the largest institutional XRP treasury, merging with Armada Acquisition Corp II and planning to list on Nasdaq under the ticker XRPN [1][2] - The initiative aims to provide institutional investors with liquid exposure and yield opportunities in both traditional and decentralized finance, with the transaction expected to close in Q1 2026, pending approvals [2][3] - The strategy includes active management of XRP through open-market accumulation, institutional lending, and DeFi strategies, focusing on increasing XRP per share and expanding ecosystem participation [3][5] Financial Commitments - The venture has secured a $200 million commitment from SBI Holdings, along with investments from Ripple, Rippleworks, Pantera Capital, Kraken, and GSR [4] - Most net proceeds will be allocated for systematic XRP accumulation to build a resilient treasury, while a smaller portion will cover operational expenses [4] Strategic Goals - Evernorth plans to operate XRP Ledger validators to enhance decentralization and integrate Ripple's RLUSD stablecoin as a DeFi bridge [5] - The company aims to support projects that expand XRP's role in payments, tokenization, and capital markets [5]

Securitize, a blockchain firm specializing in tokenizing traditional investments, is in discussions to go public through a merger with Cantor Equity Partners II Inc., a blank-check company sponsored by Cantor Fitzgerald LP. Key Takeaways: Securitize is in talks to go public through a $1B merger with Cantor Fitzgerald’s SPAC. Backed by BlackRock and Morgan Stanley, the firm leads the real-world asset tokenization space. A potential listing would make Securitize one of the first blockchain-native firms ...

Daily News 🗞 | Oct 10• Ethereum devs launch Kohaku roadmap to bring privacy, security to wallets• Crypto ETPs smash 2024 total with $48.7B pouring in this year• DeFi TVL hits record $237B as daily active wallets fall 22% in Q3• Ripple to bring RLUSD stablecoin to Bahrain via new partnership• Swiss crypto bank Amina to offer Polygon’s POL staking with up to 15% rewards#CryptoNews #PoloniexNEWS ...

🇧🇭 LATEST: Ripple partners with Bahrain Fintech Bay to pilot its RLUSD stablecoin and tokenization solutions. ...

Core Insights - The discussions around SWIFT integrating Ripple's XRP Ledger for real-time cross-border transactions have intensified, but practical implementation remains uncertain [1][2] - As of September 2025, SWIFT is conducting trials with various blockchain systems, including XRP Ledger, to explore their integration into its payment infrastructure [2][3] - Ripple has seen increased institutional adoption and regulatory clarity in the US, yet SWIFT has not confirmed any formal partnership or commitment to using XRP [3][4] SWIFT's Strategy and Position - SWIFT aims to be a neutral facilitator rather than a disruptor, focusing on interoperability for over 11,000 member institutions without committing to any single digital asset like XRP [5][7] - The organization is testing multiple distributed ledger technologies (DLTs) for cross-border payment solutions, emphasizing a "plug-and-play" approach rather than reliance on a single blockchain [7] Technical Fit of XRP Ledger - XRP Ledger offers a settlement time of 3 to 5 seconds with low fees, aligning with SWIFT's modernization objectives [8] - RippleNet's On-Demand Liquidity (ODL) demonstrates the use of XRP for sourcing cross-border liquidity, addressing gaps in SWIFT's correspondent banking model [8] - XRP Ledger is compatible with ISO 20022 standards, which is crucial as SWIFT mandates migration by November 2025 [8]

Stablecoin Integration - Ripple's RLUSD stablecoin has been integrated into Securitize platform [1] - Users can exchange shares in tokenized money market funds for RLUSD [1] Platform Adoption - Securitize platform now supports RLUSD [1]

Group 1 - DBS Group Holdings, Franklin Templeton, and Ripple Labs have partnered to offer trading solutions for accredited investors using tokenized money market funds and U.S. dollar-pegged stablecoins [1][2] - The collaboration will enable the listing of Franklin Templeton's sgBENJI token on the DBS Digital Exchange, with Ripple's USD stablecoin also being listed [2] - Eligible DBS clients can trade RLUSD for sgBENJI tokens, allowing for portfolio rebalancing into stable assets 24/7 while earning yield during market volatility [3] Group 2 - Franklin Templeton launched a blockchain-powered money market fund in 2023, with total assets exceeding $736 million, primarily backed by government securities and cash [4] - Each share of the fund is represented by one BENJI token, and Franklin Templeton is pursuing a spot exchange-traded fund tracking the XRP token [4]

Partnerships - Ripple, DBS, and Franklin Templeton are collaborating to provide trading and lending solutions [1] Technology & Products - The solutions will utilize Ripple's RLUSD stablecoin [1] - The solutions will utilize tokenized money market funds built on the XRP Ledger [1]