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Ripple IPO and XRP holders: what we know

Ripple’s CEO said the company might do “something special” for XRP holders if it ever goes public. The XRP community heard a promise. What he actually said was a maybe, attached to an IPO he calls a non-priority. Here is the real picture, separated from the hype. Summary Ripple has not promised an IPO reward…

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Altura shuts stablecoin vault after $8.5m redemption rush

Altura will begin winding down its stablecoin yield vault after a sharp rise in withdrawal requests over the weekend.  Summary Altura processed more than 8.5m USDT in instant redemptions before announcing the stablecoin vault wind-down. Withdrawal pressure followed Main Street’s msUSD depeg, though Altura said it had no direct exposure. Some portfolio positions need standard…

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Franklin Templeton’s Bitcoin DRIP ETFs explained

A $1.5 trillion asset manager just filed to take the most boring mechanism in investing, the dividend reinvestment plan, and quietly point it at Bitcoin. The filing made no headlines. It may be one of the most structurally interesting crypto products yet proposed. Summary Franklin Templeton filed two ETFs that would reinvest stock dividends into…

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