According to reports, Evernorth — a Ripple-backed treasury firm — has agreed to merge with Armada Acquisition Corp II and plans to list under the XRPN ticker. The SPAC deal aims to raise $1 billion to build what Evernorth calls a large XRP treasury. Ripple and co-founder Chris Larsen contributed XRP to the project. Nine…
Ripple’s recent moves are drawing new attention after Western Union picked Solana for a USDPT rollout in 2026. According to supporters of XRP, that headline misses a bigger picture: Ripple has been buying firms that touch much larger pools of money. Western Union’s deal could steer over $100 billion in annual cross-border flow to Solana.…
Dogecoin’s backers moved quickly this week to create what they call the first official DOGE treasury, pushing $175 million into a vehicle aimed at buying Dogecoin and bringing more institutional muscle to the token. According to reports, the fund was set up through a private placement that issued 175,000,420 pre-funded warrants priced at $1 each,…
Russia’s Central Bank reports that Bitcoin has outpaced more traditional investments so far in 2025. Returns clocked in at nearly 40% over the past year. That makes it the top performer compared with gold, stocks and bonds. It’s a sign that more people in Moscow are warming up to cryptocurrencies for their daily money moves.…
