Data: 80% of BlackRock's $2.5 billion BUIDL fund funds are concentrated in 4 addresses

According to Finance Magnates, after years of market speculation, Ripple has explicitly denied launching an IPO in 2025. In an interview with CNBC, Ripple President Monica Long stated that an IPO is not part of the company's plans. She emphasized that Ripple's current financial situation is stable, holding billions of dollars in cash reserves, and there is no need to raise funds through IPO or increase market exposure. Long further pointed out that companies usually go public for two main motives: raising funds or expanding brand influence, but at this stage, Ripple has "no demand for either". Previously, Ripple CEO Brad Garlinghouse reiterated multiple times that Ripple neither seeks external capital injection nor has any short-term plans to go public. In fact, rumors of Ripple's listing have been ongoing for several years. In 2022, Garlinghouse stated that it would reassess the possibility of an IPO once the legal dispute with the US Securities and Exchange Commission (SEC) is settled. However, with the settlement reached by both parties at the end of 2023, Garlinghouses once again emphasized that going public is not a priority for Ripple.

Binance BNB/USDT is currently trading at $600.02, a decrease of 0.15% in 24 hours. Please pay attention to market fluctuations.

BlockBeats News: On April 27th, Hester Peirce, a member of the U.S. Securities and Exchange Commission (SEC) and head of the Cryptocurrency Working Group, stated at the SEC's "Know Your Custodian" roundtable that the current regulatory environment for cryptocurrencies in the United States is like playing a "floor is lava" game in the dark, forcing registration agencies to act cautiously under unclear rules and avoid direct contact with cryptocurrencies. She pointed out that a clear compliance channel should be established as soon as possible to provide clear guidance for the custody and trading of encrypted assets, in order to promote the development of a healthy market. （Cointelegraph）

Odaily Planet Daily News: Hester Peirce, a member of the US Securities and Exchange Commission (SEC) and head of the Cryptocurrency Working Group, stated at the SEC's "Know Your Custodian" roundtable meeting that the current regulatory environment for cryptocurrencies in the US is like playing a "floor is lava" game in the dark, forcing registration agencies to act cautiously under unclear rules and avoid direct contact with cryptocurrencies. She pointed out that a clear compliance channel should be established as soon as possible to provide clear guidance for the custody and trading of encrypted assets, in order to promote the development of a healthy market. （Cointelegraph）

OKX-ETH/USDT is currently trading at $1802.01, with a 24-hour increase of 0.58%. Please be aware of market fluctuations.