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Crypto

Kraken Acquires Backed Finance to Push Tokenized Stock Trading

Kraken Acquires Backed Finance to Push Tokenized Stock Trading

Crypto exchange Kraken is acquiring Backed Finance, a firm specializing in tokenized stocks and ETFs. The move is a major push into the real-world asset (RWA) tokenization market, which is projected to grow significantly in the coming years.
Tipping Point for XRP, 'Ugly' Year-End Looms If This Price Doesn't Hold

Tipping Point for XRP, 'Ugly' Year-End Looms If This Price Doesn't Hold

A crypto analyst has identified a technical pattern suggesting a potential trend reversal for XRP. The price is at a critical juncture, with a break above $2.22 potentially triggering a rise to $2.50, while a fall below $2.00 could lead to a significant downturn by year’s end.
Solana Price Jumps 12% as Wall Street Piles In

Solana Price Jumps 12% as Wall Street Piles In

Solana’s price surged over 12%, breaking a key downtrend line, while U.S. spot Solana ETFs saw a massive $45.77 million in daily inflows, signaling strong institutional interest.
European Banks Launch Euro Stablecoin in Amsterdam

European Banks Launch Euro Stablecoin in Amsterdam

A consortium of 10 European banks, including BNP Paribas, is developing a euro-backed stablecoin to compete with US dollar stablecoins. The project will be registered in Amsterdam under the name Qivalis and aims for launch in H2 2026.