On Friday, Sept. 19, Nasdaq-listed Helius Medical Technologies (HSDT) announced the completion of a $500 million private placement to establish a Solana treasury reserve. The transaction included common stock and stapled warrants, structured to potentially raise more than $1.25 billion if all warrants are exercised. The $500 million investment, co-led by Pantera Capital and Summer Capital, places Helius’ crypto net asset value (NAV) second largest among Solana treasury entities, behind Forward Industries ...

Ripple price crossed the $3.10 mark on Thursday, Sept. 18, trading at its highest for the week. The widely anticipated Fed rate cut on Wednesday and Rex Shares’ official launch of XRP ETF products form a major bullish catalyst behind XRP’s 5% price gains over the past week. However, the latest trends in derivatives trading metrics suggest a much larger market impact could follow. On Thursday, US-based asset manager Rex Osprey announced the first U.S.-issued ETFs to offer exposure to Spot Dogecoin and Spot ...