Search results for GSR
Crypto
Stablecoin market grows to $306 billion, daily payment adoption still a challenge
The tokenised asset market is expanding, but investor demand and liquidity are not keeping pace, speakers at a Connect event in Singapore said. They flagged an imbalance between supply and demand in real-world asset tokenisation and growing fragmentation of liquidity. In stablecoins, they said linking to everyday payments matters more than cross-border transfers, with user experience and regulatory compliance also key. Stablecoin market capitalisation reached $306 billion.
Crypto
XRP lags major cryptocurrencies despite Ripple-backed Evernode listing
XRP underperformed major cryptocurrencies despite the Nasdaq listing of Ripple-backed Evernode Holdings. XRP fell 3 percent over the past 24 hours to $1.37, giving it a market value of about $86.4 billion. Evernode began trading on Nasdaq under the ticker XRPN after completing a merger and said it holds about 473 million XRP and generated about $300 million in cash inflows excluding transaction costs.
Crypto
Evernos joins Nasdaq holding 473 million XRP, wild card is Ripple
Evernos, a cryptocurrency treasury firm holding about 473 million XRP, is set to start trading on Nasdaq under the ticker XRPN after completing a merger with Armada Acquisition Corp II. It raised about $300 million in cash before fees with participation including Ripple, SBI Group and others. CEO Ashish Birla outlined a strategy to generate returns by actively managing holdings, but the company said it will keep cost-minus-impairment accounting for XRP, which can make results asymmetric.
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Mobility
Mitsubishi unveils 459-hp electric SUV ASX VR-e
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Crypto
Ripple-backed Evernos faces Sept 30 merger vote, opening path to Nasdaq listing
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Crypto
Evernode reworks Nasdaq listing terms as XRP nears $1
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Industry
Corporate restructuring scheme opens path for mid-sized, SMEs into advanced industries
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Crypto
Ripple CEO says perfection must not block progress, urges U.S. Congress to pass Clarity Act
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Crypto
Crypto custody firm Copper pursues sale valued at $500 million
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Crypto
U.S. Senate passes crypto market structure bill but long road to enactment
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Crypto
MegaETH hits first KPI by running 10 apps, to issue MEGA token
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Crypto
GSR lists BESO active ETF linked to bitcoin, ethereum and solana on Nasdaq
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Crypto
Polygon-backed Katana blockchain to acquire IDEX, expand into derivatives trading
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Crypto
GSR to buy Architech and Autonomous for $57 million to expand token management business
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Crypto
Noise raises $7.1 million in seed round, targets attention markets not prediction markets