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Ripple is reportedly seeking to raise at least $1 billion to establish an XRP treasury and confirmed a separate $1 billion acquisition of treasury management systems firm GTreasury. Ripple plans to raise the funds for its XRP treasury via a special purpose acquisition company (SPAC) and may contribute some of its own XRP holdings to the new entity, Bloomberg reported, citing people familiar with the matter. Ripple already holds 4.7 billion XRP, worth about $11 billion, and there are another 35.9 billion tokens that sit in an on-ledger escrow that unlock over time. If the new treasury is established, it could become one of the largest dedicated to XRP, and would be double the size of the XRP treasury that Singapore-based Trident Digital announced in June. Ripple Looks To Unlock $120 Trillion Corporate Treasury Market The plan to create a $1 billion XRP treasury company coincides with Ripple’s acquisition of Chicago-based GTreasury, which provides treasury management system sof...

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Ethereum (ETH) has rolled out three major network upgrades since The Merge in September 2022 — Shanghai, Dencun, and Pectra — and is now counting down the final steps to bring the next upgrade, Fusaka, live on mainnet. Developers deployed Fusaka to its second public test network, Sepolia, on October 14. According to the timeline, next on the schedule is the upgrade’s activation on the final testnet, Hoodi, on October 28. Once testing wraps up successfully, the upgrade is expected to go live on the mainnet on December 3. Fusaka & BPO mainnet activation schedule. Source: Ethereum Public Notes Looking back, Ethereum has steadily evolved after its PoS transition: Shanghai in September 2022 allowed staked ETH withdrawals; Dencun in March 2024 introduced proto-danksharding (blobs) to streamline Layer-2 data. Finally, Pectra in May 2025 focused on validator flexibility. Fusaka, named the star Fulu and the Devcon V host city Osaka, is set to unlock new levels of scalab...

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The Pentagon announced on Monday that it plans to invest $1 billion in critical minerals in 2025. The investments are part of efforts to secure the supply of materials essential for national security, including those used in military and defense technologies. This initiative is motivated by the increasing importance of minerals in technologies used in electric vehicles (EVs), solar panels, advanced computing, and weapons systems. Also Read: Morgan Stanley Predicts Steep Dip For S&P 500 Index This Month Pentagon To Invest $1 Billion in These 17 Critical Minerals Source: History Below is the full list of critical minerals that the Pentagon will invest $1 billion in: Rare Earth Elements (REEs) – Neodymium – Used in high-strength permanent magnets. – Dysprosium – Used to enhance magnets’ performance at high temperatures. – Terbium – Often used in electronics and display technologies. – Lanthanum – Critical for batteries and hydrogen storage. – Samari...

Reason to trust Strict editorial policy that focuses on accuracy, relevance, and impartiality Created by industry experts and meticulously reviewed The highest standards in reporting and publishing How Our News is Made Strict editorial policy that focuses on accuracy, relevance, and impartiality Ad discliamer ...

Reason to trust Strict editorial policy that focuses on accuracy, relevance, and impartiality Created by industry experts and meticulously reviewed The highest standards in reporting and publishing How Our News is Made Strict editorial policy that focuses on accuracy, relevance, and impartiality Ad discliamer ...

Reason to trust Strict editorial policy that focuses on accuracy, relevance, and impartiality Created by industry experts and meticulously reviewed The highest standards in reporting and publishing How Our News is Made Strict editorial policy that focuses on accuracy, relevance, and impartiality Ad discliamer ...