ripple

Ripple has partnered with Kyobo Life to launch a pilot project for tokenized government bonds, aiming to validate a blockchain-based government bond trading structure.The project issues and trades tokenized government bonds in a test network environment, achieving synchronized processing of trading and settlement, and utilizes stablecoins to test a 24-hour settlement mechanism to enhance trading speed and reduce settlement risk. The two parties have initiated technical feasibility testing starting from September 2024 and are assessing the stability of the entire process, including digital asset custody. At the same time, they are analyzing the regulatory environment in South Korea and studying the feasibility of integrating stablecoin settlements and tokenized bonds into the existing financial system. Ripple stated that this collaboration helps promote the establishment of institutional-level digital asset infrastructure in South Korea and supports its long-term strategic layout in the South Korean market.

According to CoinDesk, SBI Ripple Asia has completed the development of a token issuance platform based on the XRP Ledger and has registered as a prepaid payment tool issuer in Japan. Corporate users can now issue tokenized payment tools through this platform.

According to BBX data, the recent global cryptocurrency market's true public disclosures show that the "coin hoarding consensus" among listed companies and the infrastructure of treasury management are steadily advancing. The core data is as follows:$330 million counter-cyclical increase: MicroStrategy (NASDAQ: $MSTR) recently submitted an 8-K filing confirming that it has purchased 4,871 BTC for approximately $330.7 million in cash (average price of about $67,868). Its total holdings have now reached 767,000 BTC, further solidifying its position as the world's largest corporate Bitcoin holder.Breakthrough in corporate treasury infrastructure: Ripple has officially launched the first enterprise treasury management system (TMS) with native digital asset capabilities. This system aims to address the cumbersome processes CFOs face in manual reconciliation and compliance auditing between traditional fiat currencies (connectable to over 500 banks globally) and digital assets.$1.2 billion institutional net inflow: Binance Research's latest market insights show that after experiencing consecutive outflows, the spot Bitcoin ETF recorded a net inflow of $1.2 billion in March, indicating that long-term institutional funds are undergoing structural accumulation of positions.1% treasury allocation bottom line: Charles Schwab's latest research report points out that even if a company or portfolio allocates only 1% to 3% of Bitcoin, its extreme volatility can profoundly reshape the risk exposure of the balance sheet under market pressure.

The Web3 asset data platform RootData has outlined Ripple's Web3 business partners, whose crypto supply chain covers key aspects such as RWA tokenization, RLUSD stablecoin distribution, cross-chain infrastructure, and ODL payments (Note: On-Demand Liquidity is a cross-border payment solution based on the XRP cryptocurrency):In the RWA tokenization and infrastructure segment, Ripple has introduced service providers such as Securitize, Ondo Finance, Wormhole, and Chainlink to enhance on-chain asset tokenization and cross-chain interoperability, ensuring system stability and DeFi composability;In terms of RLUSD stablecoin distribution and trading liquidity, support is provided through compliant platforms like Gemini, Moonpay, Bullish, Revolut, and ZeroHash;In the area of cross-border payments and the actual implementation of ODL, heavyweight traditional institutional channels such as SBI Holdings (Japan), Tranglo (Southeast Asia), and Novatti (Australia) may account for over 50% of XRP's actual application trading volume.Structurally, Ripple's Web3 layout emphasizes actual adoption and efficiency: on one hand, its Web3 partners focus on innovative applications such as RWA tokenization, RLUSD stablecoin distribution, and cross-chain infrastructure; on the other hand, its traditional partners clearly lean towards heavyweight institutions that can drive real ODL trading volume and compliant implementation. Related compilation: Ripple Web3 Partner Network Compilation (Continuously Updated)Crypto projects actively showcasing their partner networks have become a key way to enhance transparency and market trust. It is reported that RootData welcomes Web3 project parties to claim data and continues to track and open more project business relationship disclosure channels. The platform has continuously released multiple editions of crypto project ecosystem maps, nominating Web3 ecosystem partners for upstream clients such as Visa, Stripe, and Coinbase.If you wish to nominate your project in future ecosystem maps, please fill out the RootData 2026 Industry Ecosystem Mapping form to supplement your important clients and partners.

According to The Block, Kroll Bond Rating Agency (KBRA) has rated Ripple Prime's U.S. brokerage and holding company as "medium quality" with a BBB rating, which is the lowest investment grade.Ripple Prime provides integrated trading, lending, and settlement services for institutional investors. KBRA noted that this rating reflects that its business is still in the "expansion phase," with revenue primarily concentrated in exchange-traded derivatives clearing and short-term government bond financing.

According to Decrypt, Ripple announced the launch of its enterprise-level crypto fund management system Digital Asset Accounts and Unified Treasury, which supports corporate finance teams in managing fiat and digital assets on the same platform. This system allows for the direct management of assets such as RLUSD and XRP, seamlessly integrating into existing fund management processes without relying on independent wallets, exchanges, or custodial platforms, thereby lowering the adoption threshold for enterprises.This release is based on Ripple's previous acquisition of the corporate fund management platform GTreasury, aiming to embed crypto capabilities into mature corporate financial infrastructure. As the use of stablecoins and digital assets grows, the demand for enterprise-level on-chain fund management continues to rise.

Digital asset service provider Keyrock has completed a Series C financing round, led by SC Ventures, the venture capital arm of Standard Chartered Bank, with existing investor Ripple participating. After the financing, the valuation reached $1.1 billion. This round of financing is still open, with a total scale of up to $100 million. Keyrock stated that the funds raised will be used to strengthen the balance sheet, expand the service matrix, and promote mergers and acquisitions.The company was founded in 2017 and currently provides services such as market making, asset management, over-the-counter (OTC) trading, and options, covering more than 80 centralized and decentralized trading venues, with over 200 employees globally. In terms of business expansion, Keyrock acquired Turing Capital, an alternative investment fund management company registered in Luxembourg, last September, and established an asset and wealth management department to focus on serving institutional clients and private investors.CEO Kevin de Patoul stated that by 2026, the company will continue to drive growth in services, customer base, and geographic coverage to expand market share and strengthen its industry position.

Ripple CEO Brad Garlinghouse stated that the company expects to achieve a record first quarter driven by mergers and acquisitions, and mentioned that it has invested approximately $4 billion in the crypto ecosystem, including the acquisition of Hidden Road for $1.25 billion and the acquisition of GTreasury for about $1 billion.He also pointed out that the progress of digital asset legislation in the United States is slower than expected, with the CLARITY Act potentially being delayed from its original plan of April to May, and called for avoiding excessive politicization of regulation that could impact industry development.

According to Fox Business, Ripple CEO Brad Garlinghouse stated in an interview with "Mornings with Maria" that the division among U.S. regulators on crypto policy and enforcement-style regulation has created uncertainty for the industry's development. He mentioned that the SEC and CFTC are pushing for a new regulatory framework, and legislation like the CLARITY Act being discussed in Congress is expected to establish clearer rules for crypto assets.Garlinghouse warned that a regulatory environment similar to that of former SEC Chairman Gary Gensler should not occur again, and emphasized that despite the current market volatility, Ripple's business continues to grow, calling for clear and predictable regulation to replace politicized and selective enforcement.

According to Forbes, Ripple and Stellar founder Jed McCaleb will invest $1 billion from his approximately $3.9 billion cryptocurrency fortune through his nonprofit organization Astera Institute to develop AGI systems based on principles of the human brain. He has also committed an additional $600 million to the field of neuroscience.Astera Institute, located in Emeryville, is currently planning to record the neural activity patterns of mice performing tasks through brain-machine interfaces, and then translate the research findings into new AI architectures, with future subjects expanding to monkeys and humans. McCaleb believes that the current mainstream Transformer architecture lacks key elements such as planning, decision-making, and motivation, and that new directions need to be explored. AI based on principles of the human brain is more likely to be understood and controlled by humans.

The cross-border payment company Tazapay, headquartered in Singapore, has completed a Series B extension financing round led by Circle Ventures, bringing the total amount raised in Series B to $36 million.New investors include CMT Digital and Coinbase Ventures, joining Circle Ventures, Peak XV Partners, January Capital, and GMO Venture Partners in this extension round, while existing investors include Ripple, Norinchukin Capital, ARC180, and RTP Global.Tazapay is committed to building cross-border transaction settlement payment infrastructure for businesses and currently holds licenses or has completed registrations in Singapore, Canada, Australia, and the United States, and is applying for relevant licenses in the UAE, the EU, and Hong Kong. The company stated that the funds from this round will be used to obtain more regulatory licenses and develop automated payment process products.

According to CoinDesk, Ripple is piloting its RLUSD stablecoin in the Monetary Authority of Singapore's BLOOM sandbox.The pilot is conducted in collaboration with supply chain company Unloq and will test automated cross-border trade payments triggered by goods verification on the XRP Ledger.

Ripple announced its participation in the BLOOM program under the Monetary Authority of Singapore (MAS), where it will test a cross-border trade financing automatic settlement solution powered by the stablecoin RLUSD within the regulatory sandbox.Ripple is collaborating with supply chain fintech company Unloq to build a condition-triggered payment system based on the XRP Ledger—when preset conditions such as goods verification are met, the system will automatically release RLUSD payments, replacing the cumbersome processes in traditional trade financing that rely on manual verification, letters of credit, and correspondent banking relationships, significantly compressing the settlement period from several days or even weeks.

According to TheStreet, Ripple and its co-founder and executive chairman Chris Larsen each donated $5 million to the political action committee Golden State Promise to oppose California's "2026 Billionaire Tax Act." The proposal requires billionaires residing in California to pay a one-time 5% wealth tax, with 90% of the revenue going to public healthcare.Kraken co-founder Jesse Powell criticized the proposal as "a 5% theft on unrealized gains." Affected by this tax policy, several billionaires, including Google founders Larry Page, Sergey Brin, and venture capitalist Peter Thiel, have chosen to leave California.

According to PRNewswire, the crypto startup Evernorth, supported by Ripple, announced that it has publicly submitted an S-4 registration statement to the U.S. Securities and Exchange Commission (SEC) regarding its previously announced business combination with the SPAC company Armada Acquisition Corp. II, sponsored by Arrington Capital, with the goal of becoming an XRP treasury company listed on Nasdaq.Previously, in October last year, it was reported that Evernorth plans to go public in the U.S. and raise over $1 billion to accumulate XRP tokens.

Ripple announced the expansion of its digital asset services in Brazil and plans to apply for a Virtual Asset Service Provider (VASP) license from the Central Bank of Brazil to incorporate into the country's cryptocurrency regulatory framework.Currently, several Brazilian institutions have connected to the Ripple network. Banco Genial processes same-day dollar transfers through this network; Braza Bank uses it for foreign exchange settlements and has issued a real-backed stablecoin on the XRP Ledger; fintech company Nomad utilizes the network for stablecoin settlements of fund flows between Brazil and the United States. Additionally, partners such as CRX and Justoken are issuing tokenized assets using Ripple's custody products, covering real-world assets like commodities.

Ripple has launched a new stock buyback program, intending to repurchase up to $750 million in shares from investors and employees through a tender offer at a valuation of $50 billion, which is expected to last until April.Previously, Ripple raised $500 million from investors such as Citadel Securities and Fortress Investment Group at a valuation of $40 billion last year. This buyback will increase Ripple's valuation by 20%.

According to informed sources, blockchain payment company Ripple has launched a share buyback program of up to $750 million, valuing the company at approximately $50 billion.The buyback will be conducted through a tender offer, allowing investors and company employees to sell their shares back to the company. This buyback program is expected to last until April. This buyback plan comes shortly after Ripple attempted to repurchase $1 billion in shares at a $40 billion valuation last year. At that time, participation was relatively limited due to some private shareholders unwilling to sell their shares.Ripple's most recent financing occurred in November last year, when the company completed a $500 million strategic financing round, also valuing it at $40 billion. This round was led by funds from Fortress Investment Group and Citadel Securities, with participation from institutions such as Market News. Ripple President Monica Long stated earlier this year that the company currently has no plans for an IPO and emphasized that Ripple's financial condition is robust, preferring to continue expanding through mergers and acquisitions and product development.

According to market news, Binance, PayPal, and Ripple have joined Mastercard's new initiative in the blockchain payment sector.