Evernorth XRP plans to raise $80.7 million through equity financing.
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Evernorth XRP has signed an equity financing agreement with Cantor Fitzgerald to raise $80.7 million for corporate purposes, including the purchase of XRP, and to increase its existing treasury reserves of 473 million XRP.
MEXC has announced its withdrawal from the Dutch market, requiring local users to transfer their assets by October 31st, with the final liquidation scheduled for November 16th. Fiat currency services in the Netherlands were suspended on March 20th of this year. The MEXC user agreement also lists 13 jurisdictions where services are prohibited, including the United States, Canada, the United Kingdom, Singapore, Hong Kong, mainland China, Malaysia, and Kazakhstan.
[Key clue: A large order of $11.98 million appeared in Binance's ETH/USDT pair.]
Key area remains static, market tension or hidden flow might unfold, drawing more attention to the next move...
Trading activity in native altcoins on the Hyperliquid platform has cooled significantly, with stock, stock index, and stock ETF contracts showing greater activity than altcoins. In the past 24 hours, 23 stock-related instruments and 13 altcoins saw trading volumes exceeding $10 million. Native altcoin contract trading volume decreased from $410.8 million on September 24th to $125.4 million. HYPE and ZEC combined accounted for $58.4 million of native altcoin trading volume, representing 46.6% of the total. Excluding these two, native altcoin contract trading volume was $67.0 million, while stock-related contracts traded $122.2 million. Trade.xyz trading volume decreased from $212.0 million on September 24th to $154.9 million. From October 19 to 25, the average transaction volume across the platform was $756.4 million, of which $479.5 million was from native crypto contracts and $276.9 million was from HIP-3 assets.
Vanguard's small-cap ETF, VSS, which manages $13 trillion in assets, made its first purchase of 4.5 million shares of Bitcoin reserve company Metaplanet, worth $7.5 million. (Source: Bitcoin Treasuries)
The Cryptex Digital Market Cap ETF filed its sixth S-1 amendment on October 23, proposing a Nasdaq listing under the ticker symbol BAGZ. The fund is sponsored by Cryptex Finance. The fund will construct its portfolio based on the Cryptex Digital Market Cap Index, with initial asset allocations including BTC, ETH, XRP, HYPE, DOGE, SHIBOR, ADA, and CTX. (Source: U.S. Securities and Exchange Commission)
