Ripple backs an RLUSD credit fund amid XRP's best week in months

Clearpool and Cicada Partners are building an institutional lending product using RLUSD, though the XRP Ledger features underpinning it are still awaiting activation.

According to Bloomberg, Anthropic has hired Citigroup as its top advisor for its upcoming IPO, joining Morgan Stanley, Goldman Sachs, and JPMorgan. （Cointelegraph）

According to Onchain Lens monitoring, the Bhutanese royal government has transferred 490.87 BTC to a new wallet in the past 24 hours, with an amount of approximately 32.74 million US dollars. The largest transfer was 485 BTC, with an amount of approximately 32.31 million US dollars.

According to Onchain Lens monitoring, Morgan Stanley's MSBT Bitcoin ETF address (bc1q2gzj... tqfpef) withdrew 146.15 bitcoins worth approximately $11 million from Coinbase Prime.

Giant Whale has set 10 major targets and holds a short position of $219 million, with a current floating loss of $1.07 million. Among them, BTC has a 5-fold short position of 2449.968 BTC worth 185 million US dollars, with an average opening price of 74746.10 US dollars and a floating loss of 972400 US dollars; ETH 7-fold short position holds 15000 ETH worth 35.31 million US dollars, with an average opening price of 2347.89 US dollars and a floating loss of 97700 US dollars.