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Crypto

Ripple links XRP and RLUSD to institutional treasury accounts with single KYC

Ripple has outlined a process that lets corporate customers integrate XRP and RLUSD into treasury operations without building their own blockchain infrastructure. Companies can open a digital asset account within Ripple Treasury and connect it to existing workflows by selecting Ripple from a provider list and completing a one-time know-your-customer check. Once activated, balances and transactions feed into treasury management systems with real-time exchange rates applied in the chosen reporting currency.

AI & Enterprise

SpaceX confirms Cursor acquisition in $60 billion deal four days after IPO

SpaceX said it will acquire AI coding startup Cursor in a $60 billion deal. It filed an 8-K with the U.S. Securities and Exchange Commission and signed a merger agreement with Cursor parent Anysphere. The transaction will be an all-share exchange, with Cursor shares converting into SpaceX Class A common stock. SpaceX expects to close the deal in the third quarter, subject to conditions including regulatory approvals.

Crypto

Ripple CEO targets $1 billion in revenue excluding XRP, expands payments and software

Ripple has set a goal of reaching $1 billion in recurring operating revenue by the end of 2026, excluding sales or holdings of the XRP token. Brad Garlinghouse said the company aims to separate commercial performance from XRP\'s price by generating revenue from software and financial infrastructure. Ripple highlighted stronger 2026 first-quarter trends, growth tied to Ripple Prime and Hidden Road integration, enterprise treasury clients and expansion of RLUSD and AI tools.