Coinbase (COIN) Sees TradFi Institutions Driving Crypto Derivatives Boom  CoinDesk
source

   Subscribe to our News &amp; Services     <br>           Subscribe to our News &amp; Services         <br>             FM ALL News           <br>             FM Crypto           <br>             Follow us on Twitter           <br>             Follow us on Linkedin           <br>Coinbase is taking a major step into the world of decentralized fundraising. The crypto exchange has acquired Echo, an on-chain capital formation platform founded by crypto veteran Cobie, in a deal valued at around $375 million.<br><strong data-v-75f3955d><a href="https://events.financemagnates.com/event/FMLS25/register?RefId=Article&utm_campaign=Article&utm_medium=J-Article&utm_source=registration&utm_term=Finance%2520Magnates-%2520Article" target="_blank" rel="noopener noreferrer" data-v-75f3955d>Digital assets meet tradfi in London at the fmls25</a></strong><br>According to the exchange, the move strengthens its push to create an end-to-end ecosystem for digital asset issuance, fundraising, and secondary trading.<br>Echo helps startups raise funds directly from their communities, either privately or through public token sales using its Sonar platform. Since its launch, Echo has facilitated more than $200 million across roughly 300 deals, reflecting growing interest in community-driven fundraising.<br>By integrating Echo’s technology, <a href="https://www.financemagnates.com/tag/coinbase/" target="_blank" data-v-75f3955d>Coinbase</a> aims to simplify the fundraising process for crypto projects. Echo will reportedly continue operating under its current brand, with Sonar’s public sale product set to be integrated into Coinbase’s ecosystem. <br>The <span tabindex="-1" data-ref="term-wrapper" class="term__wrapper" data-v-26a4c466 data-v-75f3955d><span class="term__term-title-container" data-v-26a4c466><span class="term__term-title render-html__wrapper html-content__general-styles" data-v-26a4c466>acquisition<span class="clearfix"></span></span></span> <span class="term__pop-up-wrapper display-block" style="display:none;" data-v-26a4c466><span class="display-block" data-v-26a4c466><a href="/terms/a/acquisition/" target="_blank" class="term__pop-up ignore-html-styles" style="width:0;right:0;z-index:1000;" data-v-26a4c466><i class="close-icon term__close-icon" data-v-26a4c466></i> <span class="text-body bold display-block ignore-html-styles" data-v-26a4c466>             Acquisition           </span> <span class="dots__wrapper term__description" data-v-0e507f65 data-v-26a4c466><span class="dots__visible" style="max-height:88px;" data-v-0e507f65>       Acquisition means acquiring or taking possession or the securing of property, services, or abilities.  To put it simply, it is the act or process of acquiring or gaining. You can acquire a work of art, you can acquire an ability such as speaking another language, you can acquire a business or shares in a company and you can acquire an accountant's service. For example, you can acquire a new car. In a broad sense, Acquisition can mean the act of taking ownership or possession of something.  There     </span> <span class="dots__actual-content" data-v-0e507f65>     Acquisition means acquiring or taking possession or the securing of property, services, or abilities.  To put it simply, it is the act or process of acquiring or gaining. You can acquire a work of art, you can acquire an ability such as speaking another language, you can acquire a business or shares in a company and you can acquire an accountant's service. For example, you can acquire a new car. In a broad sense, Acquisition can mean the act of taking ownership or possession of something.  There   </span> <!----></span> <span class="text-caption blue term__link ignore-html-styles" data-v-26a4c466>Read this Term</span></a></span></span></span> also signals Coinbase’s ambitions beyond crypto-native tokens. The company said it plans to extend Echo’s infrastructure to support tokenized securities and real-world assets, paving the way for broader participation in private and alternative markets.<br>Bringing back Up Only was just the warm up.<br data-v-75f3955d><br data-v-75f3955d>We’ve acquired <a href="https://twitter.com/echodotxyz?ref_src=twsrc%5Etfw" target="_blank" rel="nofollow noopener noreferrer" data-v-75f3955d>@echodotxyz</a>, the leading onchain capital raising platform.<br data-v-75f3955d><br data-v-75f3955d>→ Joining builders with community capital<br data-v-75f3955d>→ Giving investors access to new opportunities<br data-v-75f3955d>→ Growing economic freedom worldwide <a href="https://t.co/NCDF7t7B08" target="_blank" rel="nofollow noopener noreferrer" data-v-75f3955d>pic.twitter.com/NCDF7t7B08</a><br>The move aligns with Coinbase’s wider effort to build a “full-stack” fundraising and trading solution. Combined with its earlier purchase of Liquifi, which streamlines token creation and cap table management, the Echo deal allows Coinbase to support projects from their earliest stages through to trading and custody.<br>The acquisition means access to community-focused capital-raising tools for startups. For investors, it opens new opportunities to participate in early-stage offerings that were once limited to private networks.<br>Echo’s addition to the Coinbase portfolio complements the <span tabindex="-1" data-ref="term-wrapper" class="term__wrapper" data-v-26a4c466 data-v-75f3955d><span class="term__term-title-container" data-v-26a4c466><span class="term__term-title render-html__wrapper html-content__general-styles" data-v-26a4c466>exchange<span class="clearfix"></span></span></span> <span class="term__pop-up-wrapper display-block" style="display:none;" data-v-26a4c466><span class="display-block" data-v-26a4c466><a href="/terms/e/exchange/" target="_blank" class="term__pop-up ignore-html-styles" style="width:0;right:0;z-index:1000;" data-v-26a4c466><i class="close-icon term__close-icon" data-v-26a4c466></i> <span class="text-body bold display-block ignore-html-styles" data-v-26a4c466>             Exchange           </span> <span class="dots__wrapper term__description" data-v-0e507f65 data-v-26a4c466><span class="dots__visible" style="max-height:88px;" data-v-0e507f65>       An exchange is known as a marketplace that supports the trading of derivatives, commodities, securities, and other financial instruments.Generally, an exchange is accessible through a digital platform or sometimes at a tangible address where investors organize to perform trading. Among the chief responsibilities of an exchange would be to uphold honest and fair-trading practices. These are instrumental in making sure that the distribution of supported security rates on that exchange are effectiv     </span> <span class="dots__actual-content" data-v-0e507f65>     An exchange is known as a marketplace that supports the trading of derivatives, commodities, securities, and other financial instruments.Generally, an exchange is accessible through a digital platform or sometimes at a tangible address where investors organize to perform trading. Among the chief responsibilities of an exchange would be to uphold honest and fair-trading practices. These are instrumental in making sure that the distribution of supported security rates on that exchange are effectiv   </span> <!----></span> <span class="text-caption blue term__link ignore-html-styles" data-v-26a4c466>Read this Term</span></a></span></span></span>’s existing strengths in trading, custody, and staking — creating what the company describes as a unified, transparent, and globally accessible capital market.<br><strong data-v-75f3955d>You may also like: <a href="https://www.financemagnates.com/forex/robinhood-and-coinbase-face-disruptions-as-aws-outage-hits-major-platforms/" target="_blank" data-v-75f3955d>Robinhood and Coinbase Face Disruptions as AWS Outage Hits Major Platforms</a></strong><br>In the payments space, Google recently launched a new protocol that enables AI applications to send and receive payments, including stablecoins pegged to traditional currencies. The initiative is a part of a broader collaboration involving Coinbase, the Ethereum Foundation, and more than 60 other firms across the finance and technology sectors.<br>The platform introduces infrastructure for both cryptocurrency and traditional payments, supporting credit cards, bank transfers, and stablecoins. In addition to Coinbase, the initiative includes participation from major companies such as Salesforce, American Express, and Etsy, signaling broad industry support for combining AI technology with digital payment capabilities.<br>Coinbase is taking a major step into the world of decentralized fundraising. The crypto exchange has acquired Echo, an on-chain capital formation platform founded by crypto veteran Cobie, in a deal valued at around $375 million.<br><strong data-v-75f3955d><a href="https://events.financemagnates.com/event/FMLS25/register?RefId=Article&utm_campaign=Article&utm_medium=J-Article&utm_source=registration&utm_term=Finance%2520Magnates-%2520Article" target="_blank" rel="noopener noreferrer" data-v-75f3955d>Digital assets meet tradfi in London at the fmls25</a></strong><br>According to the exchange, the move strengthens its push to create an end-to-end ecosystem for digital asset issuance, fundraising, and secondary trading.<br>Echo helps startups raise funds directly from their communities, either privately or through public token sales using its Sonar platform. Since its launch, Echo has facilitated more than $200 million across roughly 300 deals, reflecting growing interest in community-driven fundraising.<br>By integrating Echo’s technology, <a href="https://www.financemagnates.com/tag/coinbase/" target="_blank" data-v-75f3955d>Coinbase</a> aims to simplify the fundraising process for crypto projects. Echo will reportedly continue operating under its current brand, with Sonar’s public sale product set to be integrated into Coinbase’s ecosystem. <br>The <span tabindex="-1" data-ref="term-wrapper" class="term__wrapper" data-v-26a4c466 data-v-75f3955d><span class="term__term-title-container" data-v-26a4c466><span class="term__term-title render-html__wrapper html-content__general-styles" data-v-26a4c466>acquisition<span class="clearfix"></span></span></span> <span class="term__pop-up-wrapper display-block" style="display:none;" data-v-26a4c466><span class="display-block" data-v-26a4c466><a href="/terms/a/acquisition/" target="_blank" class="term__pop-up ignore-html-styles" style="width:0;right:0;z-index:1000;" data-v-26a4c466><i class="close-icon term__close-icon" data-v-26a4c466></i> <span class="text-body bold display-block ignore-html-styles" data-v-26a4c466>             Acquisition           </span> <span class="dots__wrapper term__description" data-v-0e507f65 data-v-26a4c466><span class="dots__visible" style="max-height:88px;" data-v-0e507f65>       Acquisition means acquiring or taking possession or the securing of property, services, or abilities.  To put it simply, it is the act or process of acquiring or gaining. You can acquire a work of art, you can acquire an ability such as speaking another language, you can acquire a business or shares in a company and you can acquire an accountant's service. For example, you can acquire a new car. In a broad sense, Acquisition can mean the act of taking ownership or possession of something.  There     </span> <span class="dots__actual-content" data-v-0e507f65>     Acquisition means acquiring or taking possession or the securing of property, services, or abilities.  To put it simply, it is the act or process of acquiring or gaining. You can acquire a work of art, you can acquire an ability such as speaking another language, you can acquire a business or shares in a company and you can acquire an accountant's service. For example, you can acquire a new car. In a broad sense, Acquisition can mean the act of taking ownership or possession of something.  There   </span> <!----></span> <span class="text-caption blue term__link ignore-html-styles" data-v-26a4c466>Read this Term</span></a></span></span></span> also signals Coinbase’s ambitions beyond crypto-native tokens. The company said it plans to extend Echo’s infrastructure to support tokenized securities and real-world assets, paving the way for broader participation in private and alternative markets.<br>Bringing back Up Only was just the warm up.<br data-v-75f3955d><br data-v-75f3955d>We’ve acquired <a href="https://twitter.com/echodotxyz?ref_src=twsrc%5Etfw" target="_blank" rel="nofollow noopener noreferrer" data-v-75f3955d>@echodotxyz</a>, the leading onchain capital raising platform.<br data-v-75f3955d><br data-v-75f3955d>→ Joining builders with community capital<br data-v-75f3955d>→ Giving investors access to new opportunities<br data-v-75f3955d>→ Growing economic freedom worldwide <a href="https://t.co/NCDF7t7B08" target="_blank" rel="nofollow noopener noreferrer" data-v-75f3955d>pic.twitter.com/NCDF7t7B08</a><br>The move aligns with Coinbase’s wider effort to build a “full-stack” fundraising and trading solution. Combined with its earlier purchase of Liquifi, which streamlines token creation and cap table management, the Echo deal allows Coinbase to support projects from their earliest stages through to trading and custody.<br>The acquisition means access to community-focused capital-raising tools for startups. For investors, it opens new opportunities to participate in early-stage offerings that were once limited to private networks.<br>Echo’s addition to the Coinbase portfolio complements the <span tabindex="-1" data-ref="term-wrapper" class="term__wrapper" data-v-26a4c466 data-v-75f3955d><span class="term__term-title-container" data-v-26a4c466><span class="term__term-title render-html__wrapper html-content__general-styles" data-v-26a4c466>exchange<span class="clearfix"></span></span></span> <span class="term__pop-up-wrapper display-block" style="display:none;" data-v-26a4c466><span class="display-block" data-v-26a4c466><a href="/terms/e/exchange/" target="_blank" class="term__pop-up ignore-html-styles" style="width:0;right:0;z-index:1000;" data-v-26a4c466><i class="close-icon term__close-icon" data-v-26a4c466></i> <span class="text-body bold display-block ignore-html-styles" data-v-26a4c466>             Exchange           </span> <span class="dots__wrapper term__description" data-v-0e507f65 data-v-26a4c466><span class="dots__visible" style="max-height:88px;" data-v-0e507f65>       An exchange is known as a marketplace that supports the trading of derivatives, commodities, securities, and other financial instruments.Generally, an exchange is accessible through a digital platform or sometimes at a tangible address where investors organize to perform trading. Among the chief responsibilities of an exchange would be to uphold honest and fair-trading practices. These are instrumental in making sure that the distribution of supported security rates on that exchange are effectiv     </span> <span class="dots__actual-content" data-v-0e507f65>     An exchange is known as a marketplace that supports the trading of derivatives, commodities, securities, and other financial instruments.Generally, an exchange is accessible through a digital platform or sometimes at a tangible address where investors organize to perform trading. Among the chief responsibilities of an exchange would be to uphold honest and fair-trading practices. These are instrumental in making sure that the distribution of supported security rates on that exchange are effectiv   </span> <!----></span> <span class="text-caption blue term__link ignore-html-styles" data-v-26a4c466>Read this Term</span></a></span></span></span>’s existing strengths in trading, custody, and staking — creating what the company describes as a unified, transparent, and globally accessible capital market.<br><strong data-v-75f3955d>You may also like: <a href="https://www.financemagnates.com/forex/robinhood-and-coinbase-face-disruptions-as-aws-outage-hits-major-platforms/" target="_blank" data-v-75f3955d>Robinhood and Coinbase Face Disruptions as AWS Outage Hits Major Platforms</a></strong><br>In the payments space, Google recently launched a new protocol that enables AI applications to send and receive payments, including stablecoins pegged to traditional currencies. The initiative is a part of a broader collaboration involving Coinbase, the Ethereum Foundation, and more than 60 other firms across the finance and technology sectors.<br>The platform introduces infrastructure for both cryptocurrency and traditional payments, supporting credit cards, bank transfers, and stablecoins. In addition to Coinbase, the initiative includes participation from major companies such as Salesforce, American Express, and Etsy, signaling broad industry support for combining AI technology with digital payment capabilities.<br>     Share this article   <br>       Get all the top financial news delivered straight to your inbox. Stay informed, stay ahead.     <br>By subscribing, you agree to our <a href="https://www.financemagnates.com/terms-of-use/" target="_blank" rel="follow">Terms of Use</a> and <a href="https://www.financemagnates.com/privacy/" target="_blank" rel="follow">Privacy Policy</a>. You may unsubscribe at any time.<br>Follow Us<br>Looking for a Service?<br>Looking for a Service?<br>     Finance Magnates is a global B2B provider of multi-asset trading news,     research and events with special focus on electronic trading, banking, and     investing. Copyright © 2025 &quot;Finance Magnates CY Ltd.&quot; All     rights reserved.<br class="hide-on-mobile hide-on-desktop-md hide-on-desktop-lg hide-on-desktop-xl hide-on-above-desktop-xl" data-v-1665ffef>For more information, read our      <a href="/terms-of-use/" target="_self" class="footer__terms-link" data-v-1665ffef>Terms, </a> <a href="/cookies/" target="_self" class="footer__terms-link" data-v-1665ffef>Cookies </a>     and     <a href="/privacy/" target="_self" class="footer__terms-link" data-v-1665ffef>Privacy Notice     </a> <a href="#" class="footer__manage-cookies-link" data-v-1665ffef>Manage Cookies</a><br><br><a href="https://news.google.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?oc=5">source</a>

Hill Country resident wins $2 million Mega Millions lottery prize  San Antonio Express-News
source

source

There will be a 30 percent tax deduction from the amount you have won. You have to pay 10 percent amount as the commission of the agent. These are the amount that will be deducted from your prize.
Stay tuned for live updates on the Kerala Lottery Result for October 21, 2025. It’s crucial to note that online purchasing of Kerala lottery tickets is prohibited, carrying potential legal consequences. Engaging in such practices may lead to penalties imposed by legal authorities, as the state government strictly prohibits online selling and purchasing of lottery tickets.
The Kerala Lottery Result for Sthree Sakthi SS 490 is set to be drawn today. The public can view the Winning Number post at 2.55 pm during the live broadcast of Kerala Lottery Today. The announcement for the Kerala Lotteries Result today, dated October 21, 2025, is expected to follow shortly.
Kerala Lottery Result Sthree Sakthi SS 490 Lucky Draw Today 21-10-2025: The lottery department will announce the Kerala lottery “Sthree Sakthi SS-490” Result on behalf of the Keralan government. Today, October 21, 2025, at Gorky Bhavan Near Bakery Junction in Thiruvananthapuram, the Kerala Lottery Result 2025 for Kerala lottery “Sthree Sakthi SS-490” will be drawn. The department of Kerala State Lotteries publishes the lottery in 12 series, and the series can change. Every week, 108 lakh tickets were made available for purchase. The first-place winner receive bumper 1 Crore Rupees. Those who are anticipating today’s draw can view the Sthree Sakthi SS-490 outcome from October 21, 2025, right here. Stay updated on this website to avoid missing the Kerala Lottery Sthree Sakthi SS-490 Results live today.

KERALA LOTTERY LUCKY TICKET NUMBER FOR 1ST PRIZE OF RS 1 CRORE IS: SG 638137 (KASARAGOD)
KERALA LOTTERY LUCKY TICKET NUMBER FOR 2ND PRIZE OF RS 30 LAKHS IS: SL 124869 (THAMARASSERY)
KERALA LOTTERY LUCKY TICKET NUMBERS FOR 3RD PRIZE OF RS 5 LAKH ARE: SL 384848 (MALAPPURAM)
KERALA LOTTERY LUCKY TICKET NUMBERS FOR CONSOLATION PRIZE OF RS 5,000 ARE:  SA 638137
SB 638137
SC 638137
SD 638137
SE 638137
SF 638137
SG 638137
SH 638137
SJ 638137
SK 638137
SL 638137
SM 638137
 
(For The Tickets Ending with The Following Numbers below)

KERALA LOTTERY LUCKY TICKET NUMBERS FOR 4TH PRIZE OF RS 5,000 ARE: 1193  1239  1816  2117  2349  2600  3334  4080  5236  5416  7400  7523  7731  8650  8774  8963  9356  9510  9556
KERALA LOTTERY LUCKY TICKET NUMBERS FOR 5TH PRIZE OF RS 2,000 ARE: 3822  4103  4458  7352  8557  8960
KERALA LOTTERY LUCKY TICKET NUMBERS FOR 6TH PRIZE OF RS 1,000 ARE: 0132  0158  1012  1766  2147  2201  2463  3150  3684  3748  4001  4356  5262  5376  6158  6290  6336  6935  7155  7904  7964  8263  8382  8810  8863

KERALA LOTTERY LUCKY TICKET NUMBERS FOR 7TH PRIZE OF RS 500 ARE: 0213  0312  0426  0480  0627  0655  0925  1115  1139  1348  1389  1664  1786  1851  1937  1998  2004  2073  2310  2385  3070  3410  3437  3462  3591  3946  4241  4382  4549  4607  4723  4842  4948  5255  5595  5712  5717  5747  5791  5839  5988  6055  6163  6277  6287  6318  6521  6698  6757  6818  7213  7442  7559  8131  8215  8217  8288  8313  8475  8686  8756  8801  8821  8958  9085  9120  9206  9225  9368  9573  9599  9617  9639  9891  9930  9989
KERALA LOTTERY LUCKY TICKET NUMBERS FOR 8TH PRIZE OF RS 200 ARE: 0373  0477  0577  0856  1119  1257  1271  1322  1459  1623  1713  1878  2137  2260  2273  2341  2353  2458  2557  2774  2916  3013  3083  3228  3290  3453  3478  3542  3545  3551  3589  3662  3666  3722  3843  4020  4201  4242  5020  5277  5279  5598  5627  6051  6057  6214  6274  6412  6513  6538  6542  6957  7017  7078  7095  7130  7146  7170  7268  7409  7429  7464  7496  7566  7636  7668  7811  7989  8016  8163  8244  8347  8423  8452  8494  8496  8748  8794  8936  8950  8954  9053  9081  9202  9213  9255  9361  9695  9739  9772
KERALA LOTTERY LUCKY TICKET NUMBERS FOR 9TH PRIZE OF RS 100 ARE: 0029  0044  0048  0185  0218  0304  0331  0357  0492  0700  0701  0746  0894  1049  1141  1175  1276  1311  1337  1397  1408  1417  1468  1512  1748  1781  1847  1853  1988  2050  2211  2478  2540  2564  2603  2631  2645  2719  2741  2917  3001  3011  3133  3164  3235  3250  3283  3340  3341  3369  3469  3490  3537  3566  3579  3606  3750  3760  3840  3864  4013  4037  4102  4246  4369  4385  4390  4443  4533  4589  4644  4867  4946  4981  5038  5040  5081  5104  5108  5119  5125  5128  5183  5204  5283  5427  5477  5678  5734  5741  5766  5828  5947  5977  6003  6091  6193  6314  6390  6420  6549  6560  6593  6596  6706  6709  6922  7033  7096  7133  7134  7187  7506  7551  7578  7593  7620  7708  7714  7807  7916  7955  8104  8111  8124  8233  8240  8389  8428  8584  8846  8914  8983  9004  9007  9048  9080  9170  9289  9296  9480  9484  9554  9569  9624  9635  9812  9836  9837  9848
KERALA LOTTERY 1st Prize: Rs 1 Crore
KERALA LOTTERY 2nd Prize: Rs. 40 lakhs
KERALA LOTTERY 3rd Prize: Rs. 25 lakhs
KERALA LOTTERY 4th Prize: Rs. 1 lakh
KERALA LOTTERY 5th Prize: Rs. 5,000
KERALA LOTTERY 6th Prize: Rs. 1,000
KERALA LOTTERY 7th Prize: Rs. 500
KERALA LOTTERY 8th Prize: Rs. 100
Consolation Prize: Rs. 5,000
(NOTE: Lottery can be addictive and should be played responsibly. The data provided on this page is for informational purposes only and should not be construed as advice or encouragement. Zee News does not promote lottery in anyway.)
Stay informed on all the latest news, real-time Breaking news updates, and follow all the important headlines in India news and World news on Zee News.
By continuing to use the site, you agree to the use of cookies. You can find out more by Tapping this link

source

Ripple’s SEC victory paves the way for open-market XRP trading, sparking a dramatic rise in liquidity and trading activity.
Cover art/illustration via CryptoSlate. Image includes combined content which may include AI-generated content.
For nearly five years, XRP was the crypto token that couldn’t shake its courtroom shadow.
This resulted in its price stagnating, exchanges delisting it, and institutional desks quietly stepping away as the US Securities and Exchange Commission (SEC) pursued Ripple Labs over allegations of unregistered securities sales.
During that time, other assets sprinted ahead. Bitcoin and Ethereum cemented themselves as blue-chip digital assets. Solana reinvented itself through memecoin mania and on-chain speed.
Meanwhile, XRP, once marketed as the bridge currency for global payments, sat on the sidelines, waiting for regulatory clarity that never came.
That clarity finally arrived in August 2025, when the SEC formally dropped its remaining claims against Ripple, ending one of crypto’s longest-running legal battles.
With the case finally settled, the regulatory cloud that had hung over XRP for years lifted, allowing the token to trade freely in US markets for the first time since 2020 and restoring its place in institutional discussions.
Post-settlement, XRP’s market structure has changed dramatically. With compliance risk reduced, liquidity providers have returned to the ecosystem in force.
According to Coinglass data, the asset’s average daily futures volume has surged from under $1 billion to more than $10 billion. Notably, the volume peaked above $74 billion following Donald Trump’s 2024 election victory.
AT the same time, open interest across major derivatives venues has also risen more than 1,000% year on year. Also, XRP’s spot price is up 443%, outpacing Solana and Cardano over the same period.
As a result, the token now ranks among the most actively traded altcoins in the top 10 by market capitalization.
Analysts at Kaiko attributed the renewed momentum to institutional desks rebuilding exposure. In a Q1 report, the firm wrote:
“The average 1% market depth for XRP on Kaiko Indices-vetted exchanges surpassed that of SOL during the first quarter and was around $4 million higher by the end of March.”
That institutional momentum is gaining a new expression through Evernorth, an XRP-focused digital-asset treasury company that announced plans to list on Nasdaq through a SPAC merger.
The transaction is expected to raise over $1 billion in gross proceeds, including a $200 million commitment from SBI Holdings and additional participation from Pantera Capital, Kraken, and GSR. Ripple co-founder Chris Larsen is also among the investors.
Evernorth’s structure is modeled after a corporate treasury vehicle, designed to purchase XRP directly from open markets, seed liquidity pools, and launch institutional yield programs. Notably, the firm has described its strategy as an “XRP market stabilization and utility initiative.”
If successful, Evernorth’s listing under the ticker XRPN would become the first public vehicle offering regulated exposure to XRP. This would allow a new wave of institutional funds, pensions, and ETFs to buy into Evernorth shares and gain indirect exposure to the high-flying digital asset.
Crypto researcher Ripple Bull Winkle believes this would lead to significant adoption and growth for the digital asset and further boost its price.
According to him:
“When a publicly listed company or a regulated fund accumulates an asset on the open market, every purchase adds real demand. There’s no pre-mine, no discount, no OTC sweetheart deals. It’s market-rate buying pressure that tightens supply.”
Parallel to the Evernorth news, XRP’s ETF narrative has intensified with several renowned asset managers filing for approval.
While the ongoing US government shutdown could delay the approval timeline, the amended filings before the shutdown mean the proposals remain active. Still, several industry experts believe the chances of approval for these products remain high.
Should those approvals materialize, several market analysts expect $5–8 billion in inflows within the first year. This would potentially vault XRP ETFs into the top three digital-asset funds by assets under management.
At the same time, the approval would cement XRP as a legitimate asset class for investors seeking exposure to the emerging industry. This would effectively formalize XRP’s transition from a payments token to a recognized institutional asset class, completing the same market-maturity cycle Bitcoin ETFs achieved earlier this year.
Beyond speculative flows, Ripple has spent roughly $3 billion in acquisitions over the past two years to strengthen its payments and custody infrastructure.
During this period, the company acquired Metaco, Hidden Road, Rail, and GTreasury, signaling an intent to integrate custody, liquidity management, and cross-border payments under one regulated architecture.
At the same time, Ripple has applied for a US national bank charter with the Office of the Comptroller of the Currency (OCC), while expanding licensing in more than 60 jurisdictions.
Through its Ripple Payments network, the company now connects banks and fintechs across Europe, the Gulf, and Africa. Moreover, it is pursuing partnerships worldwide to cement its role in the mainstream financial ecosystem.
These moves suggest a strategy to expand its trading volume and embed XRP into compliant financial plumbing. The XRP Ledger has already seen its payment transactions grow by more than 430% in under two years and is expected to increase further.
Considering this, Ripple CEO Brad Garlinghouse stated:
“The past few years have reminded this industry why payments, first and foremost, is THE primary use case for crypto and blockchain. Payments are where Ripple first started for exactly these reasons – the infrastructure is complex, siloed and inefficient, but as we know, perfectly positioned to benefit from decentralized financial technologies.”
 
Oluwapelumi values Bitcoin’s potential. He imparts insights on a range of topics like DeFi, hacks, mining and culture, underlining transformative power.
Also known as “Akiba,” Liam Wright is the Editor-in-Chief at CryptoSlate and host of the SlateCast. He believes that decentralized technology has the potential to make widespread positive change.

Catch the latest in crypto by following us on X. Stay informed on the go.
Disclaimer: Our writers’ opinions are solely their own and do not reflect the opinion of CryptoSlate. None of the information you read on CryptoSlate should be taken as investment advice, nor does CryptoSlate endorse any project that may be mentioned or linked to in this article. Buying and trading cryptocurrencies should be considered a high-risk activity. Please do your own due diligence before taking any action related to content within this article. Finally, CryptoSlate takes no responsibility should you lose money trading cryptocurrencies.
The XRP Ledger is a decentralized cryptographic ledger powered by a network of peer-to-peer servers.
Bitcoin, a decentralized currency that defies the sway of central banks or administrators, transacts electronically, circumventing intermediaries via a peer-to-peer network.
Ethereum is a decentralized, open-source blockchain platform that enables the creation of smart contracts and decentralized applications (DApps).
Ripple is a US-based technology company which develops the Ripple payment protocol and exchange network using XRP, the digital asset native to the XRP Ledger.
Brad Garlinghouse stands at the forefront of financial technology as the CEO of Ripple.
Get the latest crypto news, insights and market analysis straight to your inbox.
We respect your privacy and will never share your email address.
Please add [email protected] to your email whitelist. You may unsubscribe at any time.
Disclaimer: By using this website, you agree to our Terms and Conditions and Privacy Policy. CryptoSlate has no affiliation or relationship with any coin, business, project unless explicitly stated otherwise. CryptoSlate is only an informational website that provides news about coins, blockchain companies, blockchain products and blockchain events. None of the information you read on CryptoSlate should be taken as investment advice. Buying and trading cryptocurrencies should be considered a high-risk activity. Please do your own diligence before making any investment decisions. CryptoSlate is not accountable, directly or indirectly, for any damage or loss incurred, alleged or otherwise, in connection to the use or reliance of any content you read on the site.
© 2025 CryptoSlate. All rights reserved. Terms & Conditions | Privacy Policy
Secure your spot in the 5-day Crypto Investor Blueprint before it disappears. Learn the strategies that separate winners from bagholders.
Please add [email protected] to your email whitelist.
Stay connected 👇

source

In a bold maneuver that is sending shockwaves through the cryptocurrency ecosystem, BitMine Immersion Technologies has thrust itself into the spotlight by amassing a staggering 200,000 ETH during a recent market downturn. This strategic accumulation escalates its holdings to over 3.3 million ETH, firmly establishing BitMine as one of the foremost institutional players in the Ethereum realm. But this impressive stockpile is not just an exercise in confidence; it may very well act as a transformative element, reshaping market dynamics and fostering price resilience for Ethereum itself.
BitMine’s massive ETH acquisition signals a significant shift for institutional investors, who are gradually warming up to the allure of digital assets. Recent studies reveal that various treasury firms now command a collective 5 million ETH, highlighting a trend toward institutional accumulation that cannot be ignored. Such movements reflect a paradigm shift within traditional finance, as more robust frameworks for evaluating cryptocurrencies as sustainable long-term investments gain traction. BitMine’s audacious strategy is emblematic of this evolving financial landscape — one where cryptocurrencies begin to earn their rightful place on institutional balance sheets.
The market response following BitMine’s announcement was nothing short of remarkable, capturing the collective attention of investors. Shares in BitMine surged by 7-8%, a clear indicator of the esteem in which the market holds this accumulation strategy. As tokens are increasingly held for the long term, the available supply of ETH is likely to contract, potentially generating upward pressure on prices — especially if demand remains robust from both institutional and retail investors. This isn’t merely speculation; it echoes historical patterns where substantial corporate purchases catalyze shifts in market dynamics. Consider the example of MicroStrategy, whose aggressive Bitcoin acquisition strategies have consistently resulted in heightened market confidence and valuation increases.
As BitMine secures its share of Ethereum’s circulating supply, an array of intriguing questions surfaces: What will be the response from other institutional players? Will they mirror BitMine’s bold strategy? Market reactions to tightening supply will be worth monitoring, particularly in relation to ETH derivatives and futures that could provide deeper insights into investor behavior in the forthcoming months. Analysts should remain attentive, as the overall trading landscape for Ethereum stands at a pivotal juncture.
BitMine’s ambitions to capture 5% of Ethereum’s circulating supply will undoubtedly place it in the crosshairs of regulatory bodies. As corporate asset management practices undergo scrutiny, potential regulatory shifts could lead to new paradigms dictating how firms approach their digital asset holdings. These developments could mirror the adjustments seen in accounting regulations that have transformed traditional finance operations. The regulatory landscape will play a crucial role in shaping operational approaches for major companies holding substantial digital asset portfolios.
The deliberate accumulation of Ethereum by BitMine Immersion Technologies marks a crucial turning point in the cryptocurrency arena. Their strategy not only enhances BitMine’s status as a pivotal player but also underscores a wider trend of institutions embracing Ethereum as a stabilizing force. This movement signals a shift in market behavior and investor confidence, suggesting that digital assets are beginning to find their footing in contemporary financial portfolios. As we look to the future, BitMine’s bold strategy not only sets a new course for Ethereum but heralds a more sophisticated engagement with digital currencies, forever altering perceptions and practices in the financial sector.

Get started with Crypto effortlessly. OneSafe brings together your crypto and banking needs in one simple, powerful platform.
BitMine's recent acquisition of 200,000 ETH reshapes the cryptocurrency landscape, signaling a new era of institutional investment and potential price resilience for Ethereum.
Ondo Finance is redefining the RWA market with innovative stablecoins $USDY and $OUSG, bridging traditional finance with DeFi for optimal investment strategies.
SpaceX's Bitcoin strategies could reshape crypto regulations in Europe and Asia, highlighting corporate treasury management and market dynamics.
Begin your journey with OneSafe today. Quick, effortless, and secure, our streamlined process ensures your account is set up and ready to go, hassle-free

source

If you purchase something from the links on this page, we may earn a commission.        <br>Open the video embedded in the story below to watch <br>Open the video embedded in the story below to watch <br>Open the video embedded in the story below to watch <br>It's finally time to Thunder Up in Oklahoma City, as the defending NBA champions tip off the 2025-26 season Tuesday night at the Paycom Center. <br><strong><em>&gt;&gt; Watch the video player above to learn more about tonight's season opener</em></strong><br>Reigning NBA Most Valuable Player Shai Gilgeous-Alexander, Jalen Williams, Chet Holmgren and the Thunder square off against Kevin Durant, James Harden and the Houston Rockets in downtown Oklahoma City. <br>The game is the first of consequence at the Paycom Center since the Thunder won Game 7 of the NBA Finals in June, winning the franchise's first title since moving to Oklahoma City. <br><div class="embed embed-resize embed-related embed-related-align-center" id="257fe0bf-7a05-4a19-b071-02f3bba01731">   <div class="embed-inner">                                           <!-- article/shared/related-embed --> <div class="related-embed">                          <a id="image-257fe0bf-7a05-4a19-b071-02f3bba01731" href="https://www.koco.com/article/thunders-jalen-williams-meets-fans-at-re-release-of-his-shoe-line/69101227" target="_blank" data-source="related">         <div class="related-embed--thumb-wrapper" style="width: 136px; height: 76px;">           <img class="lazyload lazyload-in-view" data-src="https://kubrick.htvapps.com/vidthumb/6829a611-bb87-4506-acaa-c39d6d706cd6/920b998a-6ec7-42ae-9de7-10c78e777235.jpg?crop=1xw:1.0xh;center,top&resize=136:*" alt="" title="" width="136" height="76">         </div>       </a>          <a id="text-257fe0bf-7a05-4a19-b071-02f3bba01731" href="https://www.koco.com/article/thunders-jalen-williams-meets-fans-at-re-release-of-his-shoe-line/69101227" target="_blank" data-source="related">     <span class="related-embed--title">Thunder&#039;s Jalen Williams meets fans at re-release of his shoe line</span>   </a> </div> <script>

document.addEventListener(‘DOMContentLoaded’, function() {
const links = [
…(document.querySelectorAll(#video-257fe0bf-7a05-4a19-b071-02f3bba01731) || []),
…(document.querySelectorAll(#image-257fe0bf-7a05-4a19-b071-02f3bba01731) || []),
…(document.querySelectorAll(#text-257fe0bf-7a05-4a19-b071-02f3bba01731) || []),
];

links.forEach(link => {
link.addEventListener(‘click’, e => {
const isNear = HRST?.article?.collections?.includes(‘map-collection-‘) || false;
const dataSource = e.currentTarget?.dataset?.source || ‘default’;
dispatchNearMeGA({
event_name: ‘article_open’,
event_action: ‘click’,
transport_type: ‘beacon’,
event_category: ‘Recirculation’,
embed_parent_category: isNear ? ‘NearMe’ : ‘default’,
event_label: dataSource === ‘recembed’ ? ‘RecEmbed’ : ‘Related’,
});
});
});
});