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XRP treasury firm Evernos pursues Strategy-style fundraising, size unclear

Evernos, an XRP treasury firm, plans to raise about $80.7 million by selling up to 5,218,935 newly issued Class A common shares to CF Principal Investments, an affiliate of Cantor Fitzgerald. It estimates net proceeds of about $78.3 million after fees and costs. The company plans to use most of the funds to buy more XRP. It is also pursuing funding through warrant exercises that could bring in about $132.2 million if fully exercised in cash.

Crypto

UMB discloses holdings in Franklin XRP ETF as financial firms add XRP spot ETFs

U.S. asset manager UMB Private Wealth disclosed holdings in the Franklin XRP ETF (XRPZ) in a U.S. Securities and Exchange Commission third-quarter filing. It held XRPZ worth $100,316 as of Sept. 30, although the filing does not show whether the position was proprietary or client assets. The ETF, listed by Franklin Templeton in 2025, holds XRP directly. Other institutions, including Advisornet Financial, Morgan Stanley and Goldman Sachs, also reported holdings.

Crypto

CME unveils new indexes tracking BNB, XRP and SOL, excluding bitcoin and ether

CME Group has launched two new multi-asset cryptocurrency benchmark indexes, one tracking 10 major tokens excluding bitcoin and ether and another covering 12 assets including them. Real-time versions are calculated every second, while settlement versions are published once daily at 4 p.m. in London, New York and Singapore-Hong Kong time. The indexes use free-float market-cap weighting and are rebalanced twice a year.