Ripple

The deal is the latest amid a boom in crypto treasury companies with hundreds of entities following in the footsteps of Michael Saylor’s Strategy, the largest corporate holder of Bitcoin.

Ripple-tied treasury firm to raise over US$1 billion to go public

The companies have funded tens of billions of US dollars in purchases of their target tokens and enjoyed hefty premiums when investors were bullish on the market

Franklin Templeton will issue the tokens on Ripple’s XRP Ledger blockchain.

Banking & Finance

DBS, Franklin Templeton, Ripple team up on tokenised money market fund trading

Singapore’s biggest lender says that it will list Franklin Templeton’s sgBENJI token

Ripple’s charter will need to be approved by the Office of the Comptroller of the Currency, a top banking regulator.

Banking & Finance

Ripple applies for US national bank charter as crypto eyes next frontier

The move reflects a broader push by crypto firms for regulatory clarity and deeper integration with the traditional financial system

In March, Ripple chief executive officer Brad Garlinghouse said the firm spent US$150 million defending itself against the regulator.

Banking & Finance

SEC seeks to settle legal fight with Ripple Labs for US$50 million

The SEC has dismissed or paused several other legal cases and investigations targeting crypto companies since US President Donald Trump took office and pledged to end crypto regulation by enforcement

Ripple agreed to buy prime brokerage Hidden Road for US$1.25 billion in April.

Banking & Finance

Ripple offered to buy stablecoin rival Circle for up to US$5 Billion

The offer comes as crypto dealmaking accelerates following a run-up in digital-token values, which has spurred several players to ramp up their IPO plans

Since US President Donald Trump’s return to the White House, the SEC has ended civil lawsuits against crypto exchanges Coinbase and Kraken.

Banking & Finance

Ripple Labs says it settles with US SEC, will pay reduced US$50 million fine

XRP is the fourth-largest cryptocurrency by market value, trailing bitcoin, Ethereum and Tether, the market service CoinMarketCap says

The SEC lawsuit accusing Ripple of offering unregistered securities began in December 2020, four weeks before Trump ended his first White House term.

Banking & Finance

Ripple Labs says US SEC ends appeal over crypto oversight

Since US President Donald Trump began his second White House term in January, the SEC has retreated on crypto oversight

The crypto market has gained about US$1.2 trillion in market value since Trump’s election victory, CoinGecko data show.

Banking & Finance

Ripple-linked XRP soars to third-largest token after Trump win

XRP, a token linked to Ripple Labs, has vaulted rivals to become the third-largest cryptocurrency in a US$100 billion rally.

XRP is a digital token that powers the XRP Ledger public blockchain.

Banking & Finance

Crypto asset manager Bitwise files for XRP ETP with securities regulator

CRYPTO asset manager Bitwise has filed an initial registration statement with the US Securities and Exchange Commission (SEC) for an exchange-traded product (ETP) for XRP tokens, as it seeks to introd...

The SEC has several major cases against crypto exchanges and issuers, accusing them of offering unregistered securities.

Banking & Finance

SEC appeals US$125 million judgment in Ripple Labs XRP lawsuit

THE US Securities and Exchange Commission (SEC) appealed a court decision ordering Ripple Labs to pay a US$125 million civil penalty for improperly selling its XRP token, a fraction of the US$2 billio...

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