Despite a decline in the price of XRP in the last year, Ripple is expected to reach a valuation 25% higher than reported after a November 2025 funding round. Ripple Labs reportedly plans to buy back up to $750 million worth of shares from investors and employees in a program set to give the company a $50 billion valuation. According to a Wednesday Bloomberg report, Ripple plans to run a tender offer for the shares through April. The $750 million buyback program will reportedly value the company at $50 billion, 25% higher than the valuation assigned following its $500 million raise in November 2025. The company’s president, Monica Long, said at the time that Ripple had no plans to go public. The reported buyback follows Ripple's expansion of operations beyond the crypto industry, including through the $1.2 billion acquisition of non-bank prime broker Hidden Road and treasury management system provider GTreasury in October. Earlier this week, the company said that it would move forward with plans for a financia...
The program connects crypto companies, banks and payment providers to explore blockchain-based payment and settlement infrastructure. Mastercard has launched a global crypto partner program that initially brings together more than 85 companies across the digital asset and payments industries to collaborate on blockchain-based payment and settlement systems. The initiative is designed to connect crypto companies, financial institutions and payments providers as digital assets begin playing a larger role in cross-border transfers, payouts and other financial services. Participants include crypto exchanges, blockchain networks and infrastructure providers including Binance, Circle, Gemini, Paxos, Ripple, PayPal, Polygon, Solana, Crypto.com, MoonPay, Fireblocks and the Canton Network. Read more
The financial tech company was granted a full UK banking license on Wednesday and has also applied for a federal bank charter in the United States. Financial technology company Revolut announced on Wednesday that it has launched a bank in the United Kingdom after receiving regulatory approval from the Prudential Regulation Authority (PRA), a banking and financial services regulator. Revolut Bank UK will begin offering deposit accounts for individuals and businesses, with eligible deposits up to 120,000 British pounds ($160,958) protected by the Financial Services Compensation Scheme (FSCS), according to the company’s announcement. The FSCS offers a safety net for customer deposits at banks and other financial institutions, similar to the Federal Deposit Insurance Corporation (FDIC) insurance for US bank deposits up to $250,000. Read more
Bitcoin remains under pressure as war and poor jobs data offset ETF inflows, shifting the $78,000 price target from late March to the coming months. Key takeaways: Professional traders remain cautious, pricing low odds for a Bitcoin breakout to $78,000 despite recent ETF inflows. US and Israel-Iran war and soft US labor data offset momentum in Bitcoin ETFs. Read more
A proposed plan by the agency would ban “pass-through insurance“ for stablecoins by third parties in addition to the FDIC not insuring deposits under the law. Travis Hill, chair of the US Federal Deposit Insurance Corporation (FDIC), confirmed that, in his opinion, a law passed in July would not give the agency the authority to guarantee stablecoin deposits. In remarks prepared for the American Bankers Association (ABA) Washington Summit on Wednesday, Hill said that under rules for the stablecoin payments bill, the GENIUS Act, the FDIC would not allow the government to guarantee deposits once the law was fully implemented. Similarly, stablecoin issuers would be prohibited from representing that the digital assets were FDIC insured, and a proposed plan would stop “pass-through insurance” by third parties. “If a payment stablecoin arrangement qualified for pass-through insurance, this would mean that if a bank holding the issuer’s reserves in a deposit account failed, the FDIC would insure the deposit account ...
The digital asset infrastructure company plans to launch the pool in April as it expands beyond Bitcoin mining services. Digital asset infrastructure company Foundry Digital plans to launch a mining pool for Zcash in April 2026, expanding beyond Bitcoin mining infrastructure. The company said the pool will be designed for institutional and publicly traded miners seeking compliance-focused mining services. The new pool will be based in the United States and built on the same infrastructure used by Foundry USA Pool, which is operated by the company. Foundry said the service will include reporting tools and payout systems intended to meet the operational requirements of institutional miners. Zcash is a privacy-focused cryptocurrency which features an encrypted ledger using zero-knowledge proofs. A mining pool is a service that allows multiple miners to combine computing power and share block rewards, increasing the chances of earning consistent payouts. Read more