Search results for CSD BR
Crypto
XRP fails to gain despite Ripple positive news - why?
A major project to link XRP Ledger (XRPL) to Brazil’s financial market infrastructure has been unveiled, but XRP fell after the announcement. Ripple is working with Brazilian securities registration and settlement firm CSD BR, with an initial issuance expected to reach about $15 billion by the end of 2026. Ripple executives said the project tokenises existing financial assets rather than bringing immediate new cash into the network.
Crypto
Ripple unlocks 1 billion XRP from escrow; focus on how much will enter the market
Ripple unlocked 1 billion XRP from escrow at the start of October. Blockchain outlet U.Today reported the release was carried out in four transactions, with markets watching how much Ripple will place back into escrow within 24 hours. The unlocked amounts were split into 400 million, 200 million, 300 million and 100 million XRP. Ripple has typically re-escrowed a large portion of monthly releases, using the remainder for operations and ecosystem support.
Crypto
Evernose, major XRP holder, nears Nasdaq listing under ticker XRPN
Evernose Holdings, a treasury company with large XRP holdings, has entered final approval steps for a Nasdaq listing through a merger with SPAC Armada Acquisition Corp II. The combined company is expected to trade under the ticker XRPN and hold about 473 million XRP provided directly by Ripple. It has secured investment commitments of more than $1 billion from institutional investors. The deal’s closing timing is presented as the fourth quarter of 2026.
